24 Dec 2013 07:00
IMMEDIATE RELEASE
24 December 2013
STATEMENT REGARDING BETTER CAPITAL
Further to the announcement made on 12 December 2013, the Board of Albemarle & Bond Holdings plc (the "Company") understands that Better Capital has withdrawn its interest in the Company's formal sales process as announced on 2 December 2013.
The Board confirms that the formal sales process is on-going and that it is continuing discussions with a number of interested parties.
This announcement is made with the consent of Better Capital.
For further information:
MHP Communications:
Reg Hoare 0203 128 8100
Katie Hunt
Simon Hockridge
Canaccord Genuity Limited:
NOMAD and broker
Piers Coombs 0207 523 8000
Bruce Garrow 0207 523 8000
Financial adviser
Lawrence Guthrie 0207 665 4642
Shaun Holmes 0207 665 4682
Publication on Website
A copy of this announcement will be made available at www.albemarlebondplc.com
Canaccord Genuity Limited ("Canaccord"), which is authorised and regulated in the United Kingdom by the Financial Conduct Authority, is acting exclusively for Albemarle & Bond Holdings plc (as financial adviser, nominated adviser and broker) and no one else in connection with the matters referred to in this announcement and will not be responsible to anyone other than for Albemarle & Bond Holdings plc for providing the protections afforded to clients of Canaccord nor for providing advice in relation to the matters referred to in this announcement.