16 May 2017 – anticipated closing timetable

The effective date of the scheme which will see Sepura taken over for 20p per share in cash is now due to be 24 May 2017.  Payment will be sent to shareholders within 14 days of this date.  There is still an opportunity to buy in and make a reasonably attractive return in a very short space of time at the current price so we retain our SPECULATIVE BUY rating.