Recommended Cash offer – Electrical Geodesics

Peel Hunt is acting as NOMAD and Corporate Broker to Electrical Geodesics, Inc. in respect of a recommended cash offer by Philips Holding USA Inc. of 105.4 pence in cash for each Electrical Geodesics , Inc. share (valuing the entire issued share capital of Electrical Geodesics, Inc. at £29 million) as announced on 22 June, 2017.