Merchant Retail Group PLC
20 June 2005
FOR IMMEDIATE RELEASE
MERCHANT RETAIL GROUP PLC (the 'Company')
Dealings by Mr John Guthrie
The Board of Merchant Retail Group plc (the 'Board') announces that it was
notified on 20 June 2005 of the following:
Mr John Guthrie, who has provided an irrevocable undertaking to accept the Offer
for the Company over 11,575,000 Merchant Retail Shares as disclosed in the offer
document dated 1 June 2005, has gifted 482,000 shares to the Charity Aid
Foundation. This transfer has been made with the consent of the offeror. Mr
Guthrie confirmed to the Board that the irrevocable undertaking will apply to
his residual resultant holding of 11,093,000 Ordinary Shares of 10p. Mr Guthrie
has also undertaken to use all reasonable endeavours to ensure that the Charity
Aid Foundation assents the gifted shares to the Offer.
All definitions included in the offer document apply to this announcement.
For further information please contact:
Philip Newton, Chief Executive 01494 894 000
Ann-Marie Wilkinson, Bell Pottinger Financial 020 7861 3232
This information is provided by RNS
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