McBride PLC
9 November 2001
9 November 2001
McBride plc
Offer Talks Terminated
The Board of McBride (the 'Board') announces that after careful consideration
it has ceased all talks with interested parties concerning a possible offer
for the Company. The Board and its advisers have undergone extensive
negotiations but no formal offer has been forthcoming at a level which either
the Board or its advisers could recommend.
In our preliminary announcement of 6 September 2001 we said: 'The trading
performance in July and August 2001 has continued in line with the stronger
fourth quarter in the last financial year. Sales and profits of the core
household and personal care products are ahead of the equivalent period of
last year. Overall, trading profits in this two month period have made up for
the absence of Wrafton Laboratories (which was sold on 29 June 2001).'
The Board is pleased to report that this trend has continued in September and
October and is confident of a satisfactory outcome for the year.
For further information please contact:
Mike Handley, McBride plc
01494 607 053
Andrew Dowler, Financial Dynamics
020 7831 3113
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.