Update re discussions with Liquidity Services Inc (5536C)

TIDMGOI

RNS Number : 5536C

GoIndustry-DoveBid PLC

02 May 2012

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF THAT JURISDICTION.

2 May 2012

FOR IMMEDIATE RELEASE

GoIndustry-DoveBid plc

Update concerning discussions with Liquidity Services, Inc. ("LSI")

Further to the announcement on 1 May 2012 of discussions with LSI, the Board of GoIndustry-DoveBid plc ("GoIndustry-DoveBid" or "the Company") notes that LSI has announced in the US that it is in discussions with GoIndustry-DoveBid to make an all-cash offer for all of the Company's outstanding shares at a proposed price of approximately 73 pence per share.

A further announcement will be made in due course.

Enquiries:

 
 Jack Reinelt GoIndustry DoveBid   Tel: 020 7098 3700 
 Leslie-Ann Reed GoIndustry        Tel: 020 7098 3700 
  DoveBid 
 Chris Fielding WH Ireland         Tel: 020 7220 1650 
  Ltd

This information is provided by RNS

The company news service from the London Stock Exchange

END

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