Offer Talks Terminated
February 04 2004 - 6:06AM
UK Regulatory
RNS Number:9970U
Thorntons PLC
04 February 2004
4 February 2004
THORNTONS PLC ("Thorntons" or "the Company")
Offer talks terminated
Further to the announcement on 22 January 2004 that discussions were continuing
with a number of parties, the Independent Directors of Thorntons (John Thornton
and John Jackson) today announce that all such discussions have now been
terminated. In the view of the Independent Directors and their advisers none of
the indicative proposals received from potentially interested parties
represented fair value for shareholders.
The Board of Thorntons currently anticipates that trading for the year ending 26
June 2004 will be in line with market expectations.
Enquiries:
John Thornton, Chairman Thorntons Tel: 01773 542 339
Nick Harvey Ingenious Corporate Finance Tel: 020 7024 3666
James Fenwick Rothschild Tel: 0113 200 1900
Charles Ryland/Catherine Miles Buchanan Communications Tel: 020 7466 5000
This information is provided by RNS
The company news service from the London Stock Exchange
END
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