Re Joint Venture Completion
05 12월 2003 - 4:00PM
UK Regulatory
RNS Number:8901S
Oxford Instruments PLC
05 December 2003
5 December 2003
Oxford Instruments plc: Completion of Oxford Magnet Technology sale
Oxford Instruments plc, the advanced instrumentation company, today announces
that the sale of its stake in Oxford Magnet Technology Limited ("OMT") has been
completed, following the formal approval of the German competition authorities.
Oxford Instruments announced on 11 November 2003 that it had agreed to sell its
49% share of OMT and the ongoing use of certain intellectual property to Siemens
plc for a total cash consideration of #9.1m.
Enquiries: Oxford Instruments plc Tel: 01865 881437 Fax: 01865 884045
Andrew Mackintosh, Chief Executive
Martin Lamaison, Financial Director
Hogarth Partnership Limited Tel: 020 7357 9477 Fax: 020 7357 8533
Rachel Hirst
Andrew Jaques
This information is provided by RNS
The company news service from the London Stock Exchange
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