Kingfisher PLC
11 September 2002
11 September 2002
Not for release, distribution or publication in whole or in part into or in the
United States, Canada, Australia, Ireland, Japan or South Africa
KINGFISHER ANNOUNCES OFFER TIMETABLE FOR
CASTORAMA MINORITIES
Following approval from the COB (Commission des operations de bourse) for
Castorama's response document (note d'information en reponse), the CMF (Conseil
des marches financiers) has today published the timetable for Kingfisher's offer
for the minority shareholding in Castorama Dubois Investissements SCA
('Castorama') that it does not already own.
The offer closes on 16 October 2002.
Castorama's note d'information en reponse will be published in La Tribune on
Thursday 12 September 2002.
ends
Company profile
Kingfisher is Europe's leading home improvement retailer, and is ranked number
three in the world. The company operates more than 580 home improvement stores
in 11 countries, and enjoys market-leading positions in the UK, France and
Taiwan. Sales for the Home Improvement sector for the year to 2 February 2002
were more than £5.8 billion, with retail profit in excess of £430 million.
Kingfisher Electricals & Furniture operates more than 820 stores in nine
countries. It is Europe's third largest electricals retailing business by sales
and number two by retail profit. As well as holding the leading position in
France and the number two position in the UK, Kingfisher also enjoys leading
positions in Belgium and in the Czech and Slovak Republics. Sales for the year
to 2 February 2002 were more than £3.7 billion, with retail profit of £184
million.
Further Enquiries:
Broker and Institutional Enquiries:
Ian Harding, Director of Investor Relations +44 (0) 207 725 4889
Media Enquiries:
Andrew Mills, Director of Corporate Affairs +44 (0) 207 725 5776
Jonathan Miller, Head of Corporate Comms, UK +44 (0) 207 725 5713
France
Graham Fairbank, Head of Corporate Comms +33 (0) 1 43 18 52 26
The Maitland Consultancy: +44 (0) 207 379 5151
Angus Maitland
Duncan Campbell-Smith
Euro RSCG C&O:
Laurent Wormser +33 (0) 1 41 34 40 70
Marie-Noelle Brouaux +33(0) 1 41 34 34 73
Goldman Sachs International +44 (0) 207 774 1000
Yoel Zaoui
Robin Bishop
BNP Paribas:
Thierry Varene +33 (0) 1 42 98 17 27
This information is provided by RNS
The company news service from the London Stock Exchange
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