RTS Robotic Tech

 

TIDMRTS 
 
RNS Number : 2963Y 
Robotic Technology Systems PLC 
01 September 2009 
 

Discontinuation of offer discussions 
On 13 May 2009, the Board of Robotic Technology Systems plc ("the Company") 
announced that the Company was in talks which might or might not lead to an 
offer for the entire issued share capital of the Company. 
 
On 5 June 2009, the Board of Industrial Acquisition Vehicle Limited disclosed 
that it had acquired 15,273,875 ordinary shares of 1p each in the Company, 
representing 24.50 per cent of the issued share capital of the Company, and that 
the Board of Industrial Acquisition Vehicle Limited was in discussions with the 
Board of the Company with regard to a possible offer for the entire issued share 
capital of the Company.  There was, however, no certainty that these talks would 
result in such an offer for the Company. 
 
 
The Board of the Company notes today's announcement that the Board of Industrial 
Acquisition Vehicle Limited has withdrawn from discussions with the Company 
regarding a possible offer. 
 
 
The Board of the Company further confirms that no other talks with regard to a 
possible offer are currently being held with any other party and consequently, 
no offer for the entire issued share capital of the Company is presently 
anticipated by the Board of the Company. 
 
 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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