APP.L Regulatory News (APP)

23 Aug 2007 13:30

Park Group PLC23 August 2007 For Immediate Release: 23 August 2007 Park Group plc Acquisition of Home Farm Hampers Ltd Park Group plc ("Park") is pleased to announce that the OFT has decided not torefer the acquisition of Home Farm Hampers Ltd ("Home Farm") to the CompetitionCommission under the provisions of the Enterprise Act 2002. Peter Johnson, Executive Chairman of Park Group, said: "We are pleased with thedecision the OFT has made as we always had the view that the Christmas savingsbusiness forms only part of a demonstrably wider market, where Park has only asmall market share. The acquisition of Home Farm will provide additionalcustomers for Park as well as other operational benefits." - ends - For further information please contact: Peter Johnson / Chris HoughtonPark Group plcTel: 0151 653 1700 John West / Jeremy CareyTavistock CommunicationsTel: 020 7920 3150 This information is provided by RNS The company news service from the London Stock Exchange