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2005

Press releases

02 December 2005
Low & Bonar PLC announces, in accordance with Rule 2.10 of the City Code on Takeovers and Mergers, that as at the close of business on 1st December, 2005 its relevant securities in issue consisted of 100,231,400 ordinary shares of 25 pence each.
01 December 2005
The Board of Low & Bonar PLC (the "Company") notes the recent movement in the Company's share price and confirms that it has received an approach from a third party which may or may not lead to an offer being made for the Company. The Board would like to emphasise that discussions are at an early stage and there can be no assurances that such an offer will be made.
30 November 2005
Low & Bonar PLC (the "Company") announced on 10 May 2004 that the Group was one of a number of groups which received a statement of objections from the European Commission investigating allegations of a cartel relating to industrial bags, a market which the Group exited in 1997 following the sale of its Belgian packaging business to BPI.
21 November 2005
Low & Bonar PLC (the “Company”) today announces that the Court of Session in Scotland (the “Court”) has confirmed the cancellation of the Company’s share premium account, the cancellation of its paid up capital to the extent of 25 pence per issued ordinary share and the reduction in the nominal value of its ordinary shares from 50 pence to 25 pence (the “Capital Reorganisation”).
16 November 2005
Following the sale of the Group’s Plastics Division for £25.75m, completed on 8 September 2005, Low & Bonar announces its intention to inject a total of £10m into the Low & Bonar Group Retirement Benefit Scheme, the Group’s UK defined benefit scheme, (the “Scheme”) which was closed to new entrants on 1 November 2002.
20 October 2005
On 19th October 2005, Bonar Floors Limited, a subsidiary of Low & Bonar PLC, acquired some assets and intellectual property of Threshold Floorings Limited - in Administration, a manufacturer and developer of flooring products and entrance systems, for a cash consideration of £100,000 from its Administrator.
12 September 2005
Further to the Company’s announcement of July 19th 2005, Low & Bonar PLC announces that it completed the disposal of its Plastics Division to Promens hf., a subsidiary of Atorka Group hf. (“Atorka”) on 8th September 2005.
31 August 2005
Further to the announcement of July 15th 2005, Low & Bonar PLC today announces that its subsidiary Bonar Technical Fabrics N.V. has completed the acquisition of Xirion N.V.
19 July 2005
Low & Bonar PLC today reports interim results for the half year ended 31 May 2005.
19 July 2005
Low & Bonar today announces the proposed disposal of Bonar Plastics (the “Disposal”) and the terms of a proposed reduction of share capital and cancellation of share premium account (the “Capital Reorganisation”).

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