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Statement on CMA review

9 Apr 2015 12:56

RNS Number : 7522J
Poundland Group PLC
09 April 2015
 

 

9 April 2015

POUNDLAND GROUP PLC

Statement on the UK Competition and Markets Authority's review of Poundland's proposed acquisition of 99p Stores

 

The UK Competition and Markets Authority ("CMA") has today published an announcement in relation to its Phase 1 review of the proposed acquisition of 99p Stores Ltd ("99p Stores") by Poundland Group plc ("Poundland"). Poundland is carefully considering the CMA's announcement, together with the full detail behind it and will make a further announcement in due course.

Further information on the CMA's investigation into Poundland's proposed acquisition of 99p Stores is available at: https://www.gov.uk/cma-cases/poundland-99p-stores-merger-inquiry.

 

Investor Enquiries:

 

Nick Hateley, Chief Financial Officer

0121 568 7000

Philip Dorgan, Head of Investor Relations

0121 568 7000

 

 

Media Enquiries:

 

Citigate Dewe Rogerson

 

Simon Rigby

+44 (0) 207 282 2847

Angharad Couch

+44 (0) 207 282 2941

 

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