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Lavendon response to TVH clearance

12 December 2016 09:26

Lavendon has noted TVH Group's announcement that it has received clearance from the Bundeskartellamt, the German competition authority and the waiving of the acceptance condition of its offer for Lavendon down from 75% to 50% plus one share. Lavendon says the board is currently in ongoing discussions with Loxam SAS regarding its possible interest in a cash offer for Lavendon and therefore continues to advise that shareholders take no action with regard to TVH's offer at this stage. The board will be formally responding to TVH's Offer on Wednesday 14 December 2016.

At 9:26am: (LON:LVD) Lavendon Group PLC share price was -1.25p at 227.75p

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