Aquisition Update

RNS Number : 1108I

Tyman PLC

28 June 2013

 



THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, NEW ZEALAND, JAPAN OR SOUTH AFRICA.

This announcement is an advertisement and is not a prospectus and does not constitute or form part of, and should not be construed as, any offer for sale or subscription of, or solicitation of any offer to buy or subscribe for, any shares in Tyman plc or securities in any other entity, in any jurisdiction, including the United States, nor shall it, or any part of it, or the fact of its distribution, form the basis of, or be relied on in connection with, any contract or investment decision whatsoever, in any jurisdiction. This announcement does not constitute a recommendation regarding any securities.

For immediate release

Tyman plc

Acquisition of Truth Hardware ("Truth")

The Antitrust Division of the United States Department of Justice (the "DOJ") has informed Tyman that it has terminated the Hart Scott Rodino Act waiting period, thus ending the DOJ's review of the proposed acquisition of Truth from Melrose Industries plc announced on 1 May 2013.  

There are no further external conditions to the completion of the acquisition and accordingly completion is expected to occur on or before Friday 5 July 2013.

Tyman intends to move from the Aim market to the Official List shortly following completion of the acquisition of Truth and a further announcement in this regard will be made in due course.

Enquiries:

Tyman plc	www.tymanplc.com
Louis Eperjesi, Chief Executive	0207 976 8000
James Brotherton, Chief Financial Officer
Canaccord Genuity (NOMAD and Broker)	020 7523 8350
Bruce Garrow
Adam Miller
MHP	020 3128 8100
Reg Hoare
Ian Payne
Nick Hayns

 

END

 

 

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