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Statement re Possible Offer

9 Oct 2006 14:37

Mama Group plc09 October 2006 MAMA Group plc Statement regarding Possible Offer by MAMA Group plc ("MAMA Group") For The Sanctuary Group Plc ("Sanctuary") Following a meeting with the Sanctuary Board on the 27th July, and theirsubsequent rejection after a cursory examination of MAMA Group's proposals onthe 28th July, MAMA has been seeking to formulate a proposal which would be inthe best interests of both MAMA Group's and Sanctuary's shareholders. However, Sanctuary has made it clear, through their advisers, that they are notprepared to engage in any meaningful dialogue with regard to MAMA's proposals. MAMA Group, having further considered its position regarding Sanctuary, nowbelieves that there is little merit in attempting to continue to seek anacquisition of Sanctuary and therefore has today withdrawn the proposals madeand is no longer considering making an offer for Sanctuary. For the purposes ofRule 2.8 of the City Code on takeovers and Mergers, MAMA Group reserves theright to make or participate in an offer within the next six months if there isa material change of circumstances or if any of the following occurs: i) the agreement or recommendation of the Board of Sanctuary to an offer from MAMA Group or from a person with whom MAMA Group is acting in concert, or to a joint offer from MAMA Group and a concert party, or ii) if a third party announces an offer for Sanctuary; or iii) the announcement by Sanctuary of a whitewash proposal or of a reverse takeover. For further information contact: Adam Driscoll / Dean James , Co-Chief Executives, MAMA Group Plc 020 7691 4555 David Bick, Holborn PR 020 7929 5599 Mark Percy/Nicola Marrin, Seymour Pierce Limited 020 7107 8000 This information is provided by RNS The company news service from the London Stock Exchange
Date   Source Headline
29th Aug 200710:42 amRNSHolding(s) in Company
20th Aug 20074:26 pmRNSHolding(s) in Company
14th Aug 20073:39 pmRNSOffer Update
13th Aug 200712:09 pmRNSShare Issue
10th Aug 20074:35 pmRNSDirectorate Change
7th Aug 200711:20 amRNSHolding(s) in Company
7th Aug 200711:14 amRNSHolding(s) in Company
3rd Aug 20075:44 pmRNSHolding(s) in Company
3rd Aug 20077:00 amRNSTermination of Option
2nd Aug 20076:13 pmRNSHolding in Company
2nd Aug 20076:01 pmRNSOffer Update
2nd Aug 20074:11 pmRNSRule 8.1- Sanctuary Group plc
31st Jul 20076:10 pmRNSHolding in Company
31st Jul 20076:08 pmRNSHolding in Company
30th Jul 20076:06 pmRNSHolding(s) in Company
30th Jul 20073:06 pmPRNRule 8.3 - Sanctuary Group plc
30th Jul 200711:34 amRNSRule 8.3- Sanctuary Grp
30th Jul 200710:09 amRNSEPT Disclosure
27th Jul 20075:09 pmRNSRule 8.1- Sanctuary Group Plc
27th Jul 20074:46 pmRNSRule 2.10 Announcement
27th Jul 20072:35 pmRNSRule 8.1- Sanctuary Group plc
27th Jul 20077:01 amRNSOffer Update
26th Jul 20072:28 pmPRNRule 8.3 - Sanctuary Grp
25th Jul 200711:25 amRNSEPT Disclosure
24th Jul 20071:21 pmRNSHolding in Company
24th Jul 200711:27 amRNSEPT Disclosure
24th Jul 20077:00 amRNSDisposal
23rd Jul 200712:25 pmPRNRule 8.3 - Sanctuary Group Plc
23rd Jul 20079:10 amRNSOffer Update
20th Jul 20073:00 pmRNSMerger Update
20th Jul 200711:28 amRNSResult of EGM
19th Jul 200712:51 pmRNSEPT Disclosure
19th Jul 200712:48 pmRNSRule 8.1- Sanctuary Group plc
19th Jul 20079:45 amRNSRule 8.1- Sanctuary Grp
18th Jul 200710:51 amRNSEPT Disclosure
17th Jul 20072:42 pmRNSHolding(s) in Company
17th Jul 200710:05 amRNSEPT Disclosure
16th Jul 20075:58 pmRNSRule 8.1- Sanctuary Group plc
16th Jul 20079:44 amRNSEPT Disclosure
13th Jul 20079:49 amRNSEPT Disclosure
13th Jul 20077:00 amRNSOffer Update
12th Jul 20073:50 pmRNSHolding(s) in Company
12th Jul 20079:57 amRNSEPT Disclosure
11th Jul 200710:26 amRNSEPT Disclosure
10th Jul 20071:33 pmRNSRule 8.3- Sanctuary Group Plc
10th Jul 20079:47 amRNSEPT Disclosure
10th Jul 20077:00 amRNSRule 8.3- Sanctuary Group PLC
9th Jul 20079:54 amRNSEPT Disclosure-Replacement
9th Jul 20079:40 amRNSEPT Disclosure
3rd Jul 20073:00 pmRNSPrior Notice of Merger

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