Poppy Cat2-edit Poppy Cat2-edit

UK Rights Managment Company Coolabi Confirms Possible Takeover

In response to the movement in its share price, Coolabi confirms that it has received an approach regarding a possible offer from a third party which may or may not lead to an offer being made for the Company. Discussions are at a very early stage and there can be no certainty that these discussions could lead to an offer for the Company.

A further announcement will be made when appropriate.

In accordance with Rule 2.10 of The City Code on Takeovers and Mergers, Coolabi announces that, as at the close of business on 8 August 2011, its issued share capital consisted of 55,517,449 ordinary shares of 1p each.

The International Securities Identification Number for Coolabi’s ordinary shares is GB00B28PL418.

We welcome thoughtful comments on articles, but please read our community guidelines before participating. All comments are moderated and will not immediately appear on the site; your patience is appreciated.