Acquisition update

29 Jun 2005 11:21

European Motor Hldgs PLC29 June 2005 European Motor Holdings plc - Acquisition update 29 June 2005 European Motor Holdings plc ("EMH" or the "Company") proposed acquisition ofSmith Knight Fay (Holdings) Limited Following the Company's announcement on 14 June 2005 that it had entered into anagreement, conditional on EMH shareholder and FSA approval, to acquire SmithKnight Fay (Holdings) Limited ("SKF"), the Company announces today that itreceived yesterday a letter of approval from the FSA dated 23 June 2005. Theacquisition of SKF remains conditional upon the approval of EMH shareholderswhich is to be sought at an Extraordinary General Meeting of the company to beconvened for this purpose at 10.00 a.m. on 1 July 2005 at the offices ofInvestec, 2 Gresham Street, London EC2V 7QP. Enquiries: European Motor Holdings plcRichard PalmerAnn WilsonTel: 01491 413 399 Investec Investment BankingKeith AndersonErik AndersonTel: 020 7597 4000 This information is provided by RNS The company news service from the London Stock Exchange