Discussions between LME Holding Company ehf., Stork N.V and London Acquisition N.V.
Subsequent to discussions between LME Holding Compnay ehf., Stork N. V
and London Acquisition N.V., a holding company managed by Candover,
London Acquisition N.V and Stork N.V. have jointly announced that
London Acquisition has extended the acceptance period for the public
offer all the issued and outstanding shares in the share capital of
Stork until 15:00 hours on 18 September 2007.
Subsequent to discussions between LME Holding Company ehf., Stork N. V and London Acquisition N.V., a holding company managed by Candover, London Acquisition N.V and Stork N.V. have jointly announced that London Acquisition has extended the acceptance period for the public offer all the issued and outstanding shares in the share capital of Stork until 15:00 hours on 18 September 2007.
LME Holding Company ehf. has reported that it has acquired a shareholding interest in Stork in excess of 43% and has indicated that it does not intend to tender these shares under the Offer. The extension follows discussions conducted by London Acquisition with LME and Stork in the last few days regarding the Offer and possible solutions. The parties believe that it is appropriate to continue these discussions.
No assurances can be given that these discussions will result in a solution that is acceptable to all parties.
Marel Food Systems hf. is a 20% shareholder in LME Holding Company ehf. together with Landsbanki Islands hf. and Eyrir Invest hf.