Response to unsolicited offer
Peel Pepper has made an unsolicited firm offer for Harworth Group. Board reviewing terms with advisers.
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The Board of Harworth Group plc ("Harworth" or the "Company") notes the announcement made this morning by Peel Pepper (UK) Limited ("Peel Pepper"), a company indirectly wholly owned by Peel Holdings Group Limited ("Peel"), regarding an unsolicited firm offer for Harworth (the "Offer").
The Board has had no substantive engagement with Peel Pepper or Peel about any offer before their announcement today.
The Board is reviewing the terms of the Offer with its advisers and a further announcement will be made as appropriate.
In the meantime, shareholders are strongly advised to take no action.
Allen Overy Shearman Sterling LLP is acting as legal adviser to Harworth.
Rule 2.9 information
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