PRESS RELEASE 22 (27/04/2012)
ShareSoc (the “UK Individual Shareholders Society”) advises shareholders to look very carefully at the offer for Lees Foods. Lees Foods is proposing a recommended management buy-out of the company for a total of £5.6m via a scheme of arrangement. But many shareholders are displeased with the level of the offer.
ShareSoc director David Stredder, a holder of shares in this company, was quoted extensively in the Scottish Herald and the Scotsman newspapers on this subject (Lees Foods is a ...