RECRUITMENT DEALS_3

Imprint reveals new approach

Imprint has revealed that the executive directors who showed interest in making a takeover approach for the company, backed by funds advised by Alchemy Partners, have terminated all discussions.

However, the company has also revealed that it has received a preliminary approach from an additional party, unconnected with the management team, which may or may not lead to an offer being made for the company.

Imprint today reported a 5.5% rise in pre-tax profit to £5.3m for the six months ended 30 June, 2007, compared to £5m in the previous year.

Turnover increased 11% to £42.5m in the period, compared to £38.4m in 2006. Net fee income increased 12% to £24.3m, compared to £21.7m in 2006.

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