SCAPA GROUP (LSE:SCPA)

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SCPA: Response to Press Speculation

Scapa Group

07 May 2013 11:03:25

Scapa Group PLC

RNS Number : 1198E
Scapa Group PLC
07 May 2013
 



 

 

 

7 May 2013

 

 

 

SCAPA GROUP PLC

 

WITHDRAWAL FROM TAPEX DISCUSSIONS

 

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.

 

Scapa today announces that it has been unable to agree acceptable terms with the sellers of Tapex and has withdrawn from discussions.

 

 

 

Enquiries:

 

Scapa Group plc

Heejae Chae - Chief Executive

Paul Edwards - Finance Director

   

0161 301 7430

 

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

 

Weber Shandwick

Nick Oborne

 

020 7067 0700

 

 

 

   

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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