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  5. Update re the sale of Healthcare services business

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Update re the sale of Healthcare services business

31 Dec 2019 08:00

RNS Number : 3730Y
Watchstone Group PLC
31 December 2019
 

 

Watchstone Group plc

 

 ("Watchstone" or the "Company" or the "Group")

 

Update re the sale of Healthcare services business

 

Further to its announcements on 17 September 2019 and 29 November 2019, Watchstone Group plc (LON:WTG) announces that its Canadian subsidiary, Quindell Services Inc. still awaits a final change of control consent in respect of its agreement to sell its wholly owned subsidiary PT Healthcare Solutions Corp. and other subsidiaries forming its Canadian Healthcare services business to 11628542 Canada Inc. a wholly owned subsidiary of LM Holdings Corp. The parties have, therefore, agreed to further extend the long stop completion date to 29 February 2020 as they await the final consent which is expected in January 2020.

 

For further information:

Watchstone Group plc 

 

 

Tel: 03333 448048

WH Ireland Limited, Nominated Adviser and broker

 

Chris Hardie

Lydia Zychowska

Tel: 020 7220 1666

 

 

 

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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