Offer Talks Terminated

    RNS Number : 2290W
  Argentvive PLC
  09 June 2008
   


    9 June 2008


    ArgentVive plc
    ("ArgentVive" or the "Company")

    Offer Talks Terminated and Trading Update



    The Company announced on 29 February 2008 that Charles Denton, ArgentVive's Deputy Chairman, was exploring the possibility of making an
offer for the entire issued share capital of the Company. Charles Denton has informed the board that it is no longer his intention to
proceed to make an offer.  Charles Denton remains the Company's largest shareholder with a 41.4% holding.

    Solcara, acquired on 21 December 2007, and Waterside Books, are both trading in line with management expectations. However, the
Company's other activities are currently trading below budget.

    In light of challenging trading conditions, the Board is considering various options and alternatives for the Group.  A further
statement will be made in due course.



    Enquiries: 

 ArgentVive plc                        Tel:  01932 569912
 Kevin Fleming

 Charles Stanley Securities           Tel:  020 7149 6000
 Nominated Adviser 
 Russell Cook / Carl Holmes 

 College Hill                         Tel:  020 7457 2020
 Kate Rock

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