End of Offer Period

RNS Number : 8197A

CareCapital Group plc

15 October 2009

 



15th October 2009

CareCapital Group Plc

("CareCapital" or "the Group")

Termination of the Offer Period

CareCapital Group Plc (AIM: CARE), a healthcare real estate developer and investor in the UK and in Germany, announces that following initial discussions with a number of potential bidders no formal offers, for the Company as a whole, have been proposed, made, or are still being considered and as a result the Company is no longer in an offer period for the purposes of the City Code on Takeovers and Mergers. A variety of proposals have been made by third parties concerning the purchase and financing of parts of the Company's real estate portfolio and development pipeline. These are being evaluated by the Board and its advisors. 

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For further information, please contact:

CareCapital Group Plc	Daniel Stewart & Co. Plc	Tavistock Communications
Paul Stacey, Chief Executive Steve Wilden, Finance Director	Simon Leathers	Simon Hudson  Paul Young
Tel: [phone]	Tel: [phone]	Tel: [phone]
[e-mail]  [e-mail]	[e-mail]	[e-mail]  [e-mail]

 

END

 

 

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