Tue 23 Dec 2008
Further to the announcement of 8th December the Boards of Ambrian Capital plc and Panmure Gordon & Co. plc announce that discussions between the two parties have now ceased.
(i) the agreement or recommendation of the board of Ambrian Capital plc is given to the making of such an announcement or the taking of any such other action; or
(ii) a third party announces an offer or possible offer for Ambrian Capital plc; or
(iii) if any announcement is made by or on behalf of Ambrian Capital plc that it is in discussions which may or may not lead to an offer (or partial offer), or formally or informally invites an offer (or partial offer) for Ambrian Capital plc; or
(iv) Ambrian Capital plc announces a ‘whitewash proposal’ or a ‘reverse takeover’ (each as defined in the City Code on Takeovers and Mergers).
23 December 2008
ING Bank N.V. (Financial Adviser) +44 (0) 20 7767 1000
Dr. Mark Garrood
Grant Thornton UK LLP (NOMAD) +44 (0) 20 7383 5100
Gerry Beaney/Fiona Kindness