PAG PREOS Global Office Real Estate & Technology AG

0.00

0.00 (0.00%)

- - Closed

Realtime Data

Share Name	Share Symbol	Market	Type
PREOS Global Office Real Estate & Technology AG	TG:PAG	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	-

Stmt re Potential Acqn

27/05/2003 8:02am

UK Regulatory

RNS Number:5371L
Paragon Group Of Companies PLC
26 May 2003

THE PARAGON GROUP OF COMPANIES PLC ("Paragon")

In response to recent press speculation, Paragon confirms that it is in talks
with Britannic Group PLC in respect of the potential acquisition of its wholly
owned subsidiary Britannic Money, a UK lender specialising in buy-to-let and
flexible mortgages.

Should these talks progress to a successful conclusion, Paragon would expect to
finance the acquisition from a combination of new debt facilities and existing
cash resources.

A further announcement will be made as and when appropriate.



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