ISA International PLC
16 April 2002
16 April 2002
ISA International plc ('ISA' or the 'Company')
The Board of ISA announces that it is in discussions with Daisytek International
Corporation ('Daisytek') regarding a cash offer to shareholders at 7.5p per
share, with a Daisytek share alternative at or around 10p per share. These
discussions may or may not lead to an offer being put to the Company's
shareholders. This announcement does not constitute an announcement by Daisytek
of a firm intention to make an offer under the City Code.
Enquiries to:
ISA International plc Mike Murphy 01274 306 787
Chief Financial Officer
KPMG Corporate Finance Stephen Halbert 0121 232 3000
Maura Dunne
The directors of ISA International plc accept responsibility for the information
contained in this news release and to the best of the knowledge and belief of
such directors (who have taken all reasonable care to ensure such is the case),
the information contained in this news release, for which they accept
responsibility, is in accordance with the facts and does not omit anything
likely to affect the import of such information.
This news release has been issued on behalf of the board of ISA International
plc by KPMG Corporate Finance.
KPMG Corporate Finance, a division of KPMG, is acting for ISA International plc
and no-one else in connection with this matter and will not be responsible to
anyone other than ISA International plc for providing the protections afforded
to clients of KPMG Corporate Finance, nor for providing advice in relation to
this matter.
This information is provided by RNS
The company news service from the London Stock Exchange