- The board of Myriad ("Myriad") submitted a written indicative offer letter to Synchronica on 11 November 2011 indicating a price of 11.65p, subject to a number of pre-conditions.
- Myriad received a written response from David Mason, Chairman, on behalf of Synchronica dated 18 November 2011 requesting clarification of certain aspects of the indicative offer. Myriad did not regard this letter as containing a "firm rebuffle" of its indicative offer.
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