Craig & Rose PLC - Letter to Stkhldrs Re Offers
24 7월 1999 - 1:34AM
UK Regulatory
RNS No 9356p
CRAIG & ROSE PLC
23 July 1999
CRAIG & ROSE PLC
The following is text from a letter, posted today, to
Ordinary and Preference Stockholders by the Chairman of
Craig & Rose, Mr. J. Wightman:
"Dear Stockholder,
You may by now have received a letter from Mr. Andrew
Perloff regarding a possible offer by him for all of the
Ordinary Stock of Craig & Rose that he does not already own
and for all of the Preference Stock.
This is to inform you that your Board is presently examining
the proposed offer terms. Pending the outcome of the Board's
deliberations and planned discussions with Mr. Perloff, you
are advised to take no further action meantime with regard
to the Offers from Mr. Alaster Cunningham announced on 14
July 1999 and despatched to shareholders on that date.
Yours faithfully,
John W. Wightman
Chairman
The directors accept responsibility for the information
contained in this letter. To the best of their knowledge
and belief (having taken reasonable care to ensure that such
is the case) such information for which they accept
responsibility in this letter is in accordance with the
facts and does not omit anything likely to affect the import
of such information.
Bell Lawrie Wise Speke (a division of Brewin Dolphin
Securities Limited), of 7 Drumsheugh Gardens, Edinburgh has
approved this letter as an investment advertisement solely
for the purposes of section 57 of the Financial Services Act
1986. Brewin Dolphin Securities Limited is a member of the
London Stock Exchange and regulated by The Securities and
Futures Authority Limited. "
END
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