Avon Rubber PLC
22 January 2002
22 January, 2002
FOR IMMEDIATE RELEASE
Avon Rubber p.l.c. ('Avon Rubber' or the 'Company')
Termination of discussions
On 26 October 2001, the Directors of Avon Rubber announced that they had
received a very preliminary expression of interest that may or may not lead to
an offer being made for the Company.
The Directors of Avon Rubber announce that discussions that may have led to an
offer being made for the Company have now terminated.
The Board remains focused on delivering shareholder value and is confident that
the disposal programme and cost reduction measures which have been initiated
will lead to a continued improvement in operating performance.
An update on the current trading performance will be given at the Annual General
Meeting to be held on Monday 4 February 2002.
• ENDS -
Enquiries:
Steve Willcox Avon Rubber p.l.c. 01225 861 120
Chief Executive
Simon Newton ING Barings Limited 020 7767 1000
Richard Hews Weber Shandwick Square Mile 020 7950 2800
This information is provided by RNS
The company news service from the London Stock Exchange
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