Competition Approval

RNS Number : 5563D

Premier Foods plc

31 March 2014

 



31 March 2014

Premier Foods plc (the "Company")

Competition approval in relation to Joint Venture

Further to its announcement on 27 January 2014, Premier Foods today announces that it has obtained competition approval from the European Commission in relation to its agreement with The Gores Group to operate its bread business¹ as a stand-alone joint venture which will trade under the name of Hovis Limited (the "Joint Venture Transaction").

The Joint Venture Transaction is expected to complete by the end of April 2014.

Enquiries

Premier Foods plc	[phone]
Richard Johnson, Group Corporate Affairs Director
Richard Godden, Head of Investor Relations
Maitland	[phone]
Liz Morley
Tom Eckersley

Notes to editors

1.   The Bread business excludes the Charnwood Foods facility in Leicester and a flour mill in Andover

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