Possible Offer

RNS Number : 4261J

Irish Continental Group PLC

02 December 2008

 



2 December 2008

Irish Continental Group plc ('ICG' or the 'Company')

Statement Regarding Possible Offer for Company

The Company notes the announcement by Moonduster Limited and Mr Eamonn Rothwell that they are engaged in discussions with a view to potentially bringing forward an offer for the entire issued and to be issued share capital of ICG.

Shareholders should note that the approach is preliminary in nature and, consequently, there can be no certainty that an offer will ultimately be forthcoming.  In particular, no details have been provided to the Company regarding the offer price at which an offer for the Company may be proposed or of any conditions to which the financing and making of such an offer may be subject.

A further announcement will be made when appropriate.

Enquiries

Irish Continental Group plc                                      Telephone    [phone]

John B McGuckian

NCB Corporate Finance                                         Telephone     [phone]

Liam Booth

Jonathan Simmons

Shane Lawlor

The Directors of Irish Continental Group plc accept responsibility for the information contained in this announcement. To the best of their knowledge and belief (having taken all reasonable care to ensure that such is the case), the information contained in this announcement for which they take responsibility is in accordance with the facts and does not omit anything likely to affect the import of such information.

NCB Corporate Finance Limited, which is authorised in Ireland by the Financial Regulator under the Investment Intermediaries Act 1995, is acting exclusively for Irish Continental Group plc and no one else in connection with the acquisition and will not be responsible to anyone other than Irish Continental Group plc for providing the protections afforded to clients of NCB Corporate Finance Limited nor for providing advice in relation to the acquisition.

 

END

 

 

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