Rejection of Approach
April 21 2009 - 2:00AM
UK Regulatory
TIDMAXN
RNS Number : 8715Q
Alexon Group PLC
21 April 2009
Alexon Group plc
("Alexon" or "the Company")
Rejection of Approach
The Board of Alexon notes the recent rise in the Company's share price. The
Board has received an unsolicited indication of interest from a third party to
acquire the Company. No price or other terms were indicated. The Board of
Alexon has considered the approach and has decided to reject it.
The Board is confident in the strategy being implemented by the Company's new
management team and believes that progressing with this strategy is the best way
to enhance shareholder value.
For further information, please contact:
+------------------------------------+------------------------------------+
| Brunswick | 020 7404 5959 |
| Simon Sporborg | |
| James Olley | |
| Zoe Bird | |
| | |
+------------------------------------+------------------------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
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