Last checked at 17 Feb 2012 17:08
Dear Shareholder
On 3rd February 2012 it was announced that Worldlink Group plc. (LSE: WGP) was in discussion with The One Media Technology Corporation (the "Offeror" or "One Media") with a view to a possible offer for all of the outstanding share capital of Worldlink. As a result of that announcement, the Offeror has until 2nd March 2012 to make an offer for the Worldlink. The original announcement noted that "While the Offeror is contemplating an offer, the talks may or may not lead to the making of an offer" and "This approach does not constitute a firm intention to make an offer on behalf of the Offeror".
Following discussions with our advisers, we have concluded that it is unlikely that One Media will be in a position to make an offer which would be acceptable to the Board. However, we continue to maintain a cordial commercial relationship with One Media and await their further intentions.
A further announcement will be made in due course.
Neil Riches 01737 221 078
Managing Director
Worldlink Group plc.
Tim Lyle 020 7101 7676
City & Merchant Limited
Advisor
Jon Bellis 020 7101 7070
XCAP Securities plc.
Broker
Mike Wort/Anna Dunphy 020 7556 1063/4
De Facto Financial
PR