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3 years ago
BRIEF-Cinven confirms possible offer for Iomart; says Iomart CEO, FD back proposal
August 19, 2014 / 5:36 PM / 3 years ago

BRIEF-Cinven confirms possible offer for Iomart; says Iomart CEO, FD back proposal

Aug 19 (Reuters) - Cinven

* Notes announcement made earlier today by iomart and confirms that it has approached iomart regarding a possible recommended cash offer.

* This announcement does not amount to a firm intention to make an offer, and accordingly there can be no assurance that an offer for iomart will be made.

* Angus macsween, richard logan and sarah haran, respectively ceo, finance director and operations director of iomart, who have a combined holding of approximately 18.5 per cent. Of ordinary shares of iomart, have indicated their support for proposal.

* Angus macsween, richard logan and sarah haran, respectively ceo, finance director and operations director of iomart, have indicated their support for proposal. Source text for Eikon: Further company coverage:

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