RGS Takeover, page-2

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    re: RGS Takeover Ann. Just received ann. by RGS that the board has formed a preliminary view that the T/O offer by
    Revesco is " unsolicited and inadequate". The ann. also states that the head of Revesco is Mr Ian Trahar who recently stood down as chairman of Ranger since the T/O was announced. He remains as a director.
    Interesting times apparently.
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