ASX / Media Release
Friday 8th September 2006, Sydney: DCA Group Limited (ASX: DVC) today
announced that since our announcement on 18 August 2006, DCA has now received
highly conditional proposals regarding the Company’s ownership from independent
parties.
DCA Chairman, Rob Purves commented that the parties had stated they would only
proceed with their proposal if they had the full support of the DCA Board.
The Board has appointed external financial and legal advisers UBS Investment Bank
and Freehills to assist in its consideration of the proposals.
DCA Chairman, Rob Purves, explained: “The Board is focused on strategies to
maximise shareholder value. Accordingly, it will undertake proper consideration of
the proposals and will assess them against the significant value that can be
delivered to shareholders by pursuing DCA’s current growth strategy.”
In continuing to comply with its continuous disclosure obligations under the ASX
listing rules, DCA will update ASX and DCA shareholders in the event of any
material developments.
For further information contact:
Steve Castle
Company Secretary, DCA Group
Tel: (02) 8274 1070
DVC
dca group limited
