GPH Galmed Pharmaceuticals Ltd

0.00

0.00 (0.00%)

- - Closed

Realtime Data

Share Name	Share Symbol	Market	Type
Galmed Pharmaceuticals Ltd	TG:GPH	Tradegate	Ordinary Share

	Price Change	% Change	Share Price	Bid Price	Offer Price	High Price	Low Price	Open Price	Shares Traded	Last Trade
	0.00	0.00%							0.00	-

Offer Update

01/04/2003 12:57pm

UK Regulatory

RNS Number:4798J
GPG (UK) Holdings PLC
01 April 2003

For immediate release

Not for release, publication or distribution in whole or in part in or into the
                   United States, Canada, Japan or Australia


                                                                   1 April, 2003

        CASH OFFER BY AVENUE ACQUISITION PLC ("AVENUE ACQUISITION") FOR 
                               COATS PLC ("COATS)

                                 "Offer update"


Avenue Acquisition plc announces that, on 31 March, 2003, it acquired,
separately, 3,139,121 Coats Share at a price of 58.25 pence per Coats Share and
57,860,879 Coats Shares at a price of 58.50 pence per Coats Share. Taken
together with the 293,280,632 Coats Shares already held, Avenue Acquisition and
persons acting in concert with it now own a total of 354,280,632 Coats Shares,
representing 50.04 per cent. of the existing issued ordinary share capital of
Coats.

Accordingly, when posted, the Offer will be wholly unconditional.

END

                      This information is provided by RNS
            The company news service from the London Stock Exchange
END
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