Feb 24 (Reuters) - Espial Group Inc ESP.TO
* Espial adopts shareholder rights plan and new bylaws
* Sets trigger at 20 pct
* If ratified by shareholders, rights plan will have an initial term of three years
* Rights plan has not been adopted in response to any specific take-over bid; Espial is not aware of any such pending or contemplated bid
* Intends to recommend ratification of rights plan for approval by its shareholders at next annual and special meeting of shareholders Source text for Eikon: Further company coverage: ESP.TO