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MEN Molecular Energies Plc

7.00
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Molecular Energies Plc LSE:MEN London Ordinary Share GB00BMT80K89 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% 7.00 5.00 10.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Oil And Gas Field Expl Svcs 33.23M -10.5M -1.0128 -0.07 725.58k

Merger Notice - Replacement

19/05/2003 10:12am

UK Regulatory


RNS Number:2441L
Mentmore PLC
19 May 2003

The headline for announcement no 2435L released today at 08.24 is Merger Notice
and not Acquisition as originally shown.  All other details remain unchanged.




FOR IMMEDIATE RELEASE                                     19 MAY 2003




                                  MENTMORE plc



 IRON MOUNTAIN EUROPE SUBMITS A MERGER NOTICE TO THE OFFICE OF FAIR TRADING IN
                               THE UNITED KINGDOM



Mentmore plc ("Mentmore") announces that its records management joint venture
company Iron Mountain Europe Limited ("IME") has submitted an indicative offer
to purchase Hays IMS and, following an invitation by Hays plc, it intends to
participate with other short-listed parties in the second stage of the sale
process.  IME is today submitting a Merger Notice to the Office of Fair Trading
pursuant to the Fair Trading Act 1973.  The submission of this notice represents
the first stage for IME in obtaining merger clearance in the UK for the
potential acquisition of Hays IMS.  For the avoidance of doubt, IME has not been
selected as the preferred purchaser and has not entered into any agreement with
Hays plc for the purchase of Hays IMS.



In accordance with certain agreements surrounding the sale process, no further
comment will be forthcoming from Mentmore, IME, or Iron Mountain Incorporated.







Enquiries:

Mentmore plc                                                    020 8946 3159

Martin Nye, Group Chief Executive

Buchanan Communications                                         020 7466 5000
Charles Ryland/Catherine Miles





NOTES TO EDITORS:



Mentmore currently comprises:



Personal storage

The group has 46 centres in the UK and 7 centres in Paris providing self-managed
storage units for over 11,000 personal customers and small and medium-sized
businesses on flexible terms.



Serviced business space

The group has 218 serviced business space centres offering trading, office and
retail space on flexible terms to over 5,000 businesses of all kinds.  The Board
has previously announced that it proposes to dispose of this business.



Records management

Our records management business, Iron Mountain Europe ("IME") is a partnership
with Iron Mountain Incorporated, the world's leading records management company.
It services customers across Europe.  Mentmore owns 49.9% of the equity of IME.


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

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