REG - Revolution Bars - Termination of discussions

Revolution BarsAnnouncement

10/10/2018 17:15

RNS Number : 6544D
Revolution Bars Group
10 October 2018
 


For immediate release
 
10 October 2018
 
Revolution Bars Group plc
("Revolution" or the "Company")
Statement regarding termination of acquisition discussions
Revolution Bars Group plc (the "Company") announces that, further to the announcement made on 7 September 2018, discussions regarding a transaction involving a possible acquisition of The Deltic Group Limited ("Deltic") have been terminated.
Following a period of engagement and due diligence, the Board has concluded that a transaction with Deltic would not be in the best interests of the Company's shareholders. The Company will continue to focus on delivering the positively received strategy outlined in its preliminary results announcement made on 2 October 2018.
Enquiries:
Revolution Bars Group                                                    +44 (0) 161 330 3876
Rob Pitcher, Chief Executive Officer
Mike Foster, Chief Financial Officer
 
Instinctif Partners                                                             +44 (0) 20 7457 2020
Matthew Smallwood
Tom Berger
 




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