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Premier Foods PLC M&A Activity 2014

Mar 31, 2014

5302_rns_2014-03-31_7c37ea6e-166d-462a-b64d-00d110363f8f.html

M&A Activity

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National Storage Mechanism | Additional information

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RNS Number : 5563D

Premier Foods plc

31 March 2014

31 March 2014

Premier Foods plc (the "Company")

Competition approval in relation to Joint Venture

Further to its announcement on 27 January 2014, Premier Foods today announces that it has obtained competition approval from the European Commission in relation to its agreement with The Gores Group to operate its bread business1 as a stand-alone joint venture which will trade under the name of Hovis Limited (the "Joint Venture Transaction").

The Joint Venture Transaction is expected to complete by the end of April 2014.

Enquiries

Premier Foods plc +44 (0) 1727 815850
Richard Johnson, Group Corporate Affairs Director
Richard Godden, Head of Investor Relations
Maitland +44 (0) 20 7379 5151
Liz Morley
Tom Eckersley

Notes to editors

1.   The Bread business excludes the Charnwood Foods facility in Leicester and a flour mill in Andover

END

This information is provided by RNS

The company news service from the London Stock Exchange

END

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