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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Cagney | LSE:CGNY | London | Ordinary Share | GB00B0R80514 | ORD 1P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.35 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
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TIDMCGNY
RNS Number : 2445S
Cagney PLC
14 May 2009
14 May 2009
Cagney plc
("Cagney" or the "Company")
Offer talks terminated
On 11 February 2009 Cagney announced that it had received a preliminary approach
regarding a possible offer for the Company, whilst stressing that the approach
and the resulting discussions were at an early stage and that there could be no
certainty that an offer would be made for the Company.
Cagney now announces that those discussions have ended amicably, with both
parties agreeing that in the present economic conditions their energies would be
better directed towards consolidating their present business and ensuring
financial robustness in the face of the continuing recession.
In its recent preliminary announcement the Company was pleased to announce a
profitable first quarter of 2009 and cautious optimism about the remainder of
the year.
ENDS
Enquiries:
Cagney Plc Tel: 020 7637 4198
Steve Mattey, Chief Executive
Patrick Oram, Chief Financial Officer
Smith & WilliamsonTel: 0117 376 2213
Nick Reeve
David Abbott
This information is provided by RNS
The company news service from the London Stock Exchange
END
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