Claims Direct PLC
28 August 2001
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO THE UNITED STATES,
CANADA, AUSTRALIA, REPUBLIC OF IRELAND OR JAPAN
For immediate release
28 August 2001
Claims Direct plc
Response to announcement by Barker Securities Limited
Paul Doona and David Gravell, the remaining Independent Directors of Claims
Direct plc, note the announcement by Barker Securities Limited ('Barker
Securities') of Friday 24 August 2001, in which Barker Securities stated that
the Offer is now being left open for acceptance by shareholders until 3.00
p.m. on the fifth business day following an announcement released on the
Regulatory News Service of the London Stock Exchange stating that negotiations
between Simon Ware-Lane and Messrs Sullman and Poole have either concluded
successfully or have been terminated.
The Independent Directors welcome this extension and will make a further
announcement once fuller details regarding the proposed agreement between
Barker Securities and Simon Ware-Lane are announced.
Press Enquiries
Investec Henderson Crosthwaite
(a division of Investec Bank (UK) Limited)
David Currie +44 (0) 207 597 5970
Golin/Harris Ludgate
Robin Hepburn +44 (0) 207 324 8888
Investec Henderson Crosthwaite, a division of Investec Bank (UK) Limited,
which is regulated in the United Kingdom by The Securities and Futures
Authority Limited, is acting for Claims Direct plc and no-one else in
connection with the Offer and will not be responsible to anyone other than
Claims Direct plc for providing the protections afforded to customers of
Investec Henderson Crosthwaite, or for providing advice to any other person in
relation to the Offer.
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