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MEDI - Medilink Global UK News Story

0.3p 0.2  100.0%

Last Trade - 13/06/17

Sector
Healthcare
Size
Micro Cap
Market Cap £n/a
Enterprise Value £n/a
Revenue £1.78m
Position in Universe th / 1826

Medilink-Global UK - Update re proposed cancellation from AIM

Wed 9th November, 2016 7:00am
RNS Number : 6692O
Medilink-Global UK Limited
09 November 2016

9 November 2016

MediLink-Global UK Limited

("MediLink"or "theCompany")

UPDATE RE proposed cancellation of trading on aim

MediLink, the provider of electronic healthcard network services to insurance companies and corporateorganisations,to help them facilitate the administration of medical claims and healthcare data management, announces the following update further to its announcements of 27 July 2016 and 29 September 2016 regarding the Board's intention to seek shareholder approval for the cancellation of the Company's ordinary shares from trading on AIM ("Cancellation").

The Directors have consulted with certain of the Company's substantial shareholders in order to ascertain their support for the proposed Cancellation. One of these shareholders, who holds in excess of 20% of the Company's issued share capital, has provided initial feedback that they would not be supportive of the proposed Cancellation and so the Board is currently considering various options in relation to the Company's future strategy. Further announcements will be made as appropriate.

Enquiries:

MediLink-Global UK Limited

Allenby Capital Limited

(Nominated Adviser and Broker)

Shia Kok Fat,Chief Executive Officer

Nick Athanas

Tel: 00 603 2296 3028

James Reeve


Liz Kirchner

www.medilink-global.com

Tel: +44(0)20 3328 5656


This information is provided by RNS
The company news service from the London Stock Exchange
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