Response to announcement by Allied Healthcare
January 08 2010 - 9:27AM
UK Regulatory
TIDMSOR
RNS Number : 2765F
Supporta PLC
08 January 2010
Supporta plc ("Supporta" or the "Company")
Response to announcement by Allied Healthcare
The Board of Supporta (the "Board") notes the announcement by Allied Healthcare
International Inc ("Allied") made yesterday confirming that Allied does not
intend to make an offer for Supporta.
The Board of Allied has confirmed to Supporta that they received all the
assistance they required in completing their due diligence process.
The Board has previously announced that despite being in receipt of indicative
interest from a third party other than Mears Group plc ("Mears") it was
recommending shareholders to accept the offer made by Mears on 18 December 2009
("the Mears Offer") as there could be no guarantee that this third party would
make an offer for Supporta.
In light of the announcement yesterday that Allied does not intend to make an
offer for Supporta the Board wishes to reiterate its recommendation that
Supporta shareholders accept the Mears Offer. The first closing date for the
Mears Offer is 12 January 2010.
Enquiries:
+------------------------------------+---------------------------------+
| Supporta plc | Tel: 01527 556 573 |
+------------------------------------+---------------------------------+
| John Jasper, Group Chief Executive | |
+------------------------------------+---------------------------------+
| Darren Xiberras, Group Finance | |
| Director | |
+------------------------------------+---------------------------------+
| | |
+------------------------------------+---------------------------------+
| Brewin Dolphin Investment Banking | Tel: 0845 213 4852 |
+------------------------------------+---------------------------------+
| Matt Davis | |
+------------------------------------+---------------------------------+
| Sean Wyndham-Quin | |
+------------------------------------+---------------------------------+
| | |
+------------------------------------+---------------------------------+
| Walbrook PR Ltd | Tel: 020 7933 8787 |
+------------------------------------+---------------------------------+
| Paul McManus | Mob: 07980 541 893 or |
| | paul.mcmanus@walbrookpr.com |
+------------------------------------+---------------------------------+
| Louise Goodeve | Mob: 07823 530 346 or |
| | louise.goodeve@walbrookpr.com |
+------------------------------------+---------------------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
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