Update on preliminary approach from third party (6037X)
February 17 2012 - 2:00AM
UK Regulatory
TIDMOCH
RNS Number : 6037X
Orchid Developments Group Ltd
17 February 2012
AIM: OCH
17 February 2012
Orchid Developments Group Ltd
("Orchid" or the "Company")
Update on preliminary approach from third party
Further to the announcement made on 14 February, Orchid, the
specialist investor in the Bulgarian real estate and leisure
market, confirms that the preliminary discussions with a third
party did not lead to an indicative offer for the Company ("Offer")
being made and that, therefore, the discussions regarding an Offer
have now terminated.
Contacts:
Orchid Developments
Guy Meyohas +35 92 981 9955
Shore Capital and Corporate
Limited
Dru Danford / Bidhi Bhoma
/ Toby Gibbs +44 20 7408 4090
MHP Communications
Reg Hoare / Tim McCall
/ Vicky Watkins +44 20 3128 8100
This information is provided by RNS
The company news service from the London Stock Exchange
END
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