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BOPARAN HOLDINGS LIMITED Announcement

           

In compliance with the new EU Market Abuse Regulation, introduced in July 2016, Boparan Holdings Limited (the “Group”) announces today that it has received a preliminary approach for Fox’s Biscuits (the trading name of Northern Foods Grocery Group Limited (“NFGG”)).The Group’s expectation is that any formal offer for Fox’s Biscuits/NFGG would be at a valuation in the region of £350m.

At this stage there is no certainty that any transaction will proceed.

This announcement contains inside information.

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