JinJing Group Ltd Offer Talks Terminated (3151D)

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RNS Number : 3151D

JinJing Group Ltd

23 October 2015

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY (IN WHOLE OR IN PART), IN OR INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION

THIS IS AN ANNOUNCEMENT FALLING UNDER RULE 2.8 OF THE UK CITY CODE ON TAKEOVERS AND MERGERS (THE CODE).

For Immediate Release

23 October 2015

Jinjing (Group) Co., Ltd.

Jinjing announces it does not intend to make an offer for EKF

Further to the announcement by EKF Diagnostics Holdings plc ("EKF") on 24 August 2015 regarding a possible offer by Jinjing (Group) Co., Ltd. ("Jinjing") for the entire issued and to be issued share capital of EKF, Jinjing today announces that discussions with EKF have now been terminated, and that Jinjing does not intend to make an offer to acquire the entire issued and to be issued ordinary share capital of EKF.

This announcement is made in accordance with Rule 2.8 of the Code. As a result of this announcement, Jinjing will, except with the consent of the UK Panel on Takeovers and Mergers, be bound by the restrictions contained in Rule 2.8 of the Code.

Enquiries:

 
 Lazard: 
  Nicholas Shott 
  Nicholas Page     [phone] 
 
   Jinjing: 
   Maoliang Ding      [phone] 
 

Important Notice

Lazard & Co., Limited, which is authorised and regulated in the United Kingdom by the Financial Conduct Authority, is acting exclusively as financial adviser to Jinjing and no one else in connection with the potential merger and will not be responsible to anyone other than Jinjing for providing the protections afforded to clients of Lazard & Co., Limited nor for providing advice in relation to the potential merger or any other matters referred to in this announcement. Neither Lazard & Co., Limited nor any of its affiliates owes or accepts any duty, liability or responsibility whatsoever (whether direct or indirect, whether in contract, in tort, under statute or otherwise) to any person who is not a client of Lazard & Co., Limited in connection with this announcement, any statement contained herein or otherwise.

This information is provided by RNS

The company news service from the London Stock Exchange

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October 23, 2015 11:59 ET (15:59 GMT)