Parkmead Group provide update on irrevocable undertakings

Friday, May 24, 2013

Parkmead today announces that it has received an irrevocable undertaking from Mr Robert Frost in respect of 3,781,570 Lochard Shares (representing 1.27 per cent. of the issued share capital of Lochard) to vote in favour of the Scheme and the resolutions at the Court Meeting and the General Meeting in respect of such Lochard Shares.

This takes the aggregate number of shares in respect of which Parkmead has received irrevocable undertakings or letters of intent to 123,719,434 Lochard Shares representing, in aggregate, approximately 41.4 per cent. of the issued ordinary share capital of Lochard.

This article is for information and discussion purposes only and does not form a recommendation to invest or otherwise. The value of an investment may fall. The investments referred to in this article may not be suitable for all investors, and if in doubt, an investor should seek advice from a qualified investment adviser. More

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