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KRK
07/02/2012 11:23
GENERAL
REL: 1123 HRS Kirkcaldie & Stains Limited
GENERAL: KRK: Announcement
Last December the market was informed by J C Capital of its interest in the
company's retail operations and that it was expected that further discussions
would be held in the new year.
A meeting was held between the chairman and a representative of J C Capital
on 2 February. No offer was tabled, indicative or otherwise. The company
understands that the expressed interest remains, but no timetable or
framework was set for any further discussions, and the company is leaving the
initiative with J C Capital.
The company is continuing its evaluation of options with respect to its
property and retail businesses.
Mr John Milford
Managing Director
Kirkcaldie & Stains Limited
P: 04 494 7260
E: [email protected]
End CA:00219241 For:KRK Type:GENERAL Time:2012-02-07 11:23:06
