Hydrogen Group has noted the announcement made by OPD Group yesterday about the posting of its offer document containing its recommended offer for Imprint Group.

The Board of Hydrogen strongly urged Imprint shareholders to take no action with regard to the OPD offer at this time.

Hydrogen says: “We continue to work with Imprint and its advisers towards completing the outstanding areas of due diligence with a view to announcing its proposal, on a recommended basis, as soon as practicable.

“Whilst the discussions are at an advanced stage, there is no certainty that an offer will be forthcoming, even if the pre-conditions are satisfied or waived.”