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Worthington Group (WRN)

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Friday 12 December, 2014

Worthington Group

Update

RNS Number : 7048Z
Worthington Group PLC
12 December 2014
 



Worthington Group plc ("the Company" or "Worthington")

12th  December 2014

FOR IMMEDIATE RELEASE

Update

Further to the Company's announcement on 24th November 2014, the Company has, in relation to Listing Rule 5.6.4 (Reverse Takeovers), submitted details of a number of transactions and contemplated transactions to the FCA.  The FCA has asked the company to provide further information and comment before reaching any final conclusions as to whether any of the transactions, or contemplated transactions, amount to, or may on completion amount to, a reverse takeover.  The Company expects to provide this additional information and comment no later than Tuesday 16th December 2014.

About Worthington Group Plc ("Worthington")  

Worthington (Stock Exchange LSE: WRN) is a British investment company that  celebrates its 60th anniversary as a London Stock Exchange main market listed company this year. The Company has four areas of investment focus: property, litigation claims, new economy and emerging markets. The Company believes that exceptional shareholder returns can be achieved by utilising its main market Sterling paper to acquire investments in these sectors worldwide.

 

Note: Forward-looking statements contained in this announcement, including Worthington's strategy and plans, as well as expectations for future revenue and earnings, reflect Worthington's   current views and assumptions with respect to future events and are subject to certain risks, uncertainties and assumptions. There are many factors that may cause actual results achieved to differ materially from expectations for future results and expectations that may be expressed in or form an assumption of such forward-looking statements. Such factors include risks related to the day to day business of Worthington, client volatility, sales fluctuations, the general economic climate, political and environment and  other risks,  cancellations,  software failures and interruption to service to customers due to technical problems, acquisition delays  and failure as well as other uncertainties related to the results of Worthington including risks of delays or closure of projects, price falls, currency fluctuations and changes in contract terms, legislation and administrative practices, as well as competition risk and other unforeseen factors. If one or more of such risks or factors of uncertainty were to materialise, or should one or more of the statements provided prove to be incorrect, actual developments may differ materially from the forward-looking statements contained in this announcement.

 

 

Enquiries:

Charlotte Parham, Media information                           Tel: +44 203 291 1872

or email: [email protected] 

PD Cosec - Company Secretary                                      Tel: +44 208 940 0963

Website: www.worthingtongroupplc.com

Statement ends.

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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