Statement re press speculation (7547N)
September 07 2011 - 2:00AM
UK Regulatory
TIDMHLO
RNS Number : 7547N
Healthcare Locums PLC
07 September 2011
Healthcare Locums plc
("HCL" or "Company")
Statement re press speculation
The Board of HCL notes recent renewed press speculation and is
aware of misleading statements being distributed by minority
interested parties, which the Board urges shareholders to ignore.
The Company made it clear in a regulatory news announcement on 1
September 2011 that no concrete alternative to the recommended
restructuring proposal, set out in the Circular to shareholders
dated 19 August 2011, had been received by it and as such
shareholders risked losing all value if the recommended
restructuring was not approved.
It has been reported that certain parties have made alternative
proposals to the Company's principal lending Banks. The Board has
subsequently made enquiry to each of these parties but has received
no alternative proposal.
It remains the clear and unequivocal view of the Board that the
interest of all shareholders will be best served by implementation
of the restructuring plan detailed in the Circular. Accordingly the
Board repeats its recommendation that shareholders should vote in
favour of the proposed resolutions.
- ends -
Contact details:
Healthcare Locums Plc
Peter Sullivan, Chairman
Tel: 0207 451 1451
Fairfax I.S. PLC
Nomad and Joint Broker
Simon Bennett/Ewan Leggat/Laura Littley
Tel: 020 7598 5368
Hawkpoint Partners Limited
Financial Adviser
Andrew Speirs, Managing Director
Tel: 020 7665 4742
Pelham Bell Pottinger
David Rydell/Emma Kent/Duncan Mayall
Tel: 020 7861 3232
This information is provided by RNS
The company news service from the London Stock Exchange
END
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