CEPS PLC
("CEPS" or the "Company")
Response to Press Speculation
CEPS notes recent press speculation and confirms that it is in negotiations with a third party regarding a possible disposal of one of its subsidiaries, ICA Group Limited ("ICA Group").
No agreement has been reached, and the Board emphasises that there can be no certainty that any firm offer for ICA Group will be made, nor as to the terms on which any offer might be made.
A further announcement will be made if and when appropriate.
The information contained within this announcement is deemed to constitute inside information as stipulated under the retained EU law version of the Market Abuse Regulation (EU) No. 596/2014 (the "UK MAR") which is part of UK law by virtue of the European Union (Withdrawal) Act 2018. The information is disclosed in accordance with the Company's obligations under Article 17 of the UK MAR. Upon the publication of this announcement, this inside information is now considered to be in the public domain.
The Directors of the Company accept responsibility for the content of this announcement.
Enquiries
| CEPS PLC David Horner, Chairman |
+44 1225 483030 |
| SPARK Advisory Partners Limited (Nomad) Mark Brady |
+44 20 3368 3550 |