TIDMLGT TIDMNDH
RNS Number : 6869R
Lighthouse Group PLC
05 May 2009
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| Press Release | 5 May 2009 |
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Lighthouse Group PLC
('Lighthouse' or 'the Group')
Lapse of Potential Transaction
Lighthouse Group plc (AIM:LGT), the UK's largest autonomous Independent
Financial Advice and Wealth Management group, wishes to confirm that it has
discontinued all discussions with the board of Network Data Holdings PLC
('Network Data') concerning a potential transaction involving certain of Network
Data's assets and operations.
David Hickey, Executive Chairman of Lighthouse, commented: "The Board of
Lighthouse would like to thank the board of Network Data and their colleagues
for the professional way in which the potential transaction was approached by
them, and regrets that the necessary arrangements to conclude within the
stipulated timeframe were not implemented."
- Ends -
For further information, please contact:
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| Lighthouse Group plc | |
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| David Hickey, Executive Chairman | Tel: +44 (0) 20 7065 5646 |
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| | www.lighthousegroup.plc.uk |
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| Shore Capital and Corporate Limited | Tel: +44 (0) 20 7408 4090 |
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| (Nominated Adviser to the Company) | |
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| Dru Danford | |
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| Stephane Auton | |
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Media enquiries:
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| Abchurch Communications | Tel: +44 (0) 20 7398 7700 |
+--------------------------------------+---------------------------------+
| Heather Salmond | Tel: +44 (0) 20 7398 7704 |
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| heather.salmond@abchurch-group.com | |
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| Joanne Shears | Tel: +44 (0) 20 7398 7709 |
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| joanne.shears@abchurch-group.com | www.abchurch-group.com |
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| Winningtons PR | |
+--------------------------------------+---------------------------------+
| Tom Cooper | Tel: +44(0)117 920 0092 |
+--------------------------------------+---------------------------------+
| tom.cooper@winningtons.co.uk | www.winningtons.co.uk |
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This information is provided by RNS
The company news service from the London Stock Exchange
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