7 May 2013 11:03

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7 May 2013
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SCAPA GROUP PLC
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WITHDRAWAL FROM TAPEX DISCUSSIONS
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On 21 March 2013, in response to press speculation, Scapa Group plc ("Scapa") confirmed that it had entered into a consortium agreement with SkyLake Incuvest, a South Korean based private equity investor, and both parties were in preliminary discussions with Tapex, which may lead to its joint acquisition.
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Scapa today announces that it has been unable to agree acceptable terms with the sellers of Tapex and has withdrawn from discussions.
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Enquiries:
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Scapa Group plc Heejae Chae - Chief Executive Paul Edwards - Finance Director
| 0161 301 7430 Â |
Numis Securities Limited (Nominated Adviser and Joint Broker) Mark Lander / Richard Thomas
| 020 7260 1000 |
N+1 Singer (Joint Broker) Nick Owen
| 0191 279 7412 Â |
Weber Shandwick Nick Oborne  | 020 7067 0700 |
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