Thursday 15 April, 2004
D.F.S. Furniture Co.
Offer Update
D.F.S. Furniture Company PLC
15 April 2004
15 April 2004
DFS Furniture Company PLC ('DFS' or 'the Company')
Offer Update
On 4 March 2004 we announced that the Company had been approached in relation to
a possible offer for the Company by Graham Kirkham, Executive Chairman, at a
price of 415 pence per share. Following a period of negotiation, the
Independent Committee and Graham Kirkham have not yet been able to reach
agreement on terms which the Independent Committee could recommend shareholders
to accept. However, discussions between the parties are continuing and we will
keep shareholders updated on progress as appropriate.
Further announcements will be made as appropriate.
Enquiries:
keithhann.com/Hudson Sandler (financial PR)
Keith Hann 07831 521 870
Alistair Mackinnon-Musson 020 7796 4133
Citigroup (financial adviser) 020 7986 4000
William Barter
Mark Todd
Deutsche Bank (corporate broker) 020 7545 8000
Charles Wilkinson
Rupert Green
Citigroup Global Markets Limited and Deutsche Bank AG are acting for DFS and
no-one else in connection with the possible offer and will not be responsible to
any other person for providing the protections afforded to clients of Citigroup
Global Markets Limited or Deutsche Bank AG or for providing advice in relation
to the possible offer.
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