Offer Talks Terminated

RNS Number : 8412U

Anite PLC

20 May 2008

 



    20 May 2008

Anite plc

Offer Talks Terminated

Anite plc ('Anite' or 'the Company'), the international software and solutions company, today makes the following announcement. 

Update on Discussions 

Further to the announcement made on 1 May 2008, we can now announce that the discussions relating to a potential offer for the Company have been terminated.

Strategic Update

We announced at the time of our interim results in December that we were working actively on strategic alternatives to remove or significantly reduce the market valuation discount we believe results from the ownership of several businesses. We remain committed to this process and have made good progress in this regard. 

Trading Update

The Company will publish a year end trading update in the week commencing 26 May 2008.

- Ends -

Anite Group plc	www.anite.com
Steve Rowley, Chief Executive Christopher Humphrey, Group Finance Director	01753 804000
Smithfield	020 7360 4900
Reg Hoare/Tania Wild/Will Henderson

 

END

 

 

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