NEW RNS19 Feb 2014 15:33
The Company's plans to integrate its three vending businesses into one company, with a single senior management team and a common software platform, by 31 March 2014 are well advanced and are already demonstrating tangible benefits. The Company announced on 29 November 2013 that it had appointed Smith & Williamson Corporate Finance to review strategic options in relation to Drinkmaster, the Company's seal cup operation, which may result in its divestment. As a consequence of the unsolicited approach from Uvenco the process was put on hold. In light of Uvenco's announcement today that it does not intend to make an offer for the Company, the Board and its advisers are now in a position to resume this process.