Share price movement
13 Febrero 2003 - 3:19AM
UK Regulatory
RNS Number:4372H
Coats PLC
13 February 2003
Coats plc: Price movement
The Board of Coats notes the recent movement in its share price and announces
that it has received an approach from a group of shareholders led by Guinness
Peat Group plc regarding a possible cash offer for the Company.
A further announcement will be made in due course and in the meantime
shareholders should take no action.
Enquiries:
Coats plc
Martin Flower 020 8210 5000
Jonathan Lea
Cazenove & Co. Ltd
Julian Cazalet 020 7588 2828
Malcolm Moir
Brunswick Group Limited
Louise Charlton 020 7404 5959
Patrick Handley
Cazenove & Co. Ltd, which is regulated in the United Kingdom by The Financial
Services Authority, is acting exclusively for Coats plc in connection with the
possible offer and is not advising any other person. Accordingly, Cazenove will
not be responsible to anyone other than Coats plc for providing the protections
afforded to customers of Cazenove & Co. Ltd, nor for providing advice in
relation to the possible offer.
This information is provided by RNS
The company news service from the London Stock Exchange
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