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Orchid Developments Group Ltd RNS | 120217och6037x.htm

RNS Regulatory News
RNS Number : 6037X
Orchid Developments Group Ltd
17 February 2012


17 February 2012

Orchid Developments Group Ltd

("Orchid" or the "Company")

Update on preliminary approach from third party

Further to the announcement made on 14 February, Orchid, the specialist investor in the Bulgarian real estate and leisure market, confirms that the preliminary discussions with a third party did not lead to an indicative offer for the Company ("Offer") being made and that, therefore, the discussions regarding an Offer have now terminated. 



Orchid Developments

Guy Meyohas


+35 92 981 9955

Shore Capital and Corporate Limited              
Dru Danford / Bidhi Bhoma / Toby Gibbs


+44 20 7408 4090

MHP Communications

Reg Hoare / Tim McCall / Vicky Watkins

+44 20 3128 8100


This information is provided by RNS
The company news service from the London Stock Exchange