31 Dec 2019 08:00
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 |
WTG.L (WTG)