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8 Jan 2014 09:49
Produce Investments plc
(the "Company" or "PI")
Press Speculation
The Company notes the recent press speculation regarding a potential transaction with the independently owned Jersey Royal Company and can confirm that the Company has entered into heads of terms (the "Heads of Terms") and has agreed a period of exclusivity in relation to a potential acquisition of the Jersey Royal Company. The Heads of Terms are non-binding and subject to due diligence which is progressing. The Company will make a further announcement in due course if appropriate.
For further information contact:
Produce Investments plc
Contact: Brian Macdonald
Telephone: 01890 819513
Shore Capital & Corporate Limited (Nomad to PI)
Contact: Stephane Auton/Patrick Castle
Telephone: 020 7408 4090
Hudson Sandler
Contact: Nick Lyon
Telephone: 020 7796 4133
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