Court Hearing Continued (7711A)
April 03 2012 - 1:02PM
UK Regulatory
TIDMMDY
RNS Number : 7711A
MDY Healthcare PLC
03 April 2012
MDY Healthcare plc
("MDY" or the "Company")
Court Hearing Continued
3 April 2012: Further to special resolution passed at the
Company's EGM on 8 March 2012 in connection with, amongst other
things, the proposed cancellation of the Company's share premium
account and reduction of capital (and incorporating a return of
capital to shareholders) ("the Capital Reduction"), at the Court
hearing today in the Court of Session in Edinburgh of the petition
to consider the Capital Reduction, the Court continued
consideration of the petition until 10.30am on Thursday 5 April
2012 to enable it to hear further submissions.
The Company will provide a further update to shareholders
following this short continuation.
For further information, please contact:
MDY Healthcare plc
Grahame Cook, Chairman +44 (0) 20 3178 5925
Zeus Capital Limited (Nomad)
Ross Andrews, Andrew Jones +44 (0) 161 831 1512
Notes for editors:
About MDY Healthcare
MDY Healthcare plc is a sector specialised strategic investing
company quoted on AIM (ticker symbol: MDY). Further information can
be found on the website www.mdyhealthcare.com.
END
This information is provided by RNS
The company news service from the London Stock Exchange
END
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