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9 Nov 2016 07:00
9 November 2016
MediLink-Global UK Limited
("MediLink" or "the Company")
UPDATE RE proposed cancellation of trading on aim
MediLink, the provider of electronic healthcard network services to insurance companies and corporate organisations, 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 |
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