Southern Cross Healthcare Grp PLC Update on progress of the CVAs (9202I)

TIDMSCHE

RNS Number : 9202I

Southern Cross Healthcare Grp PLC

31 July 2012

Southern Cross Healthcare Group PLC

("Southern Cross", or "the Company" or "the Group")

Update on progress of the CVAs

Southern Cross announces that, following the positive votes by creditors and members at meetings held on 20 June 2012, the further conditions to implementation of the Company Voluntary Arrangements (CVAs) under Part I of the Insolvency Act 1986 have now been satisfied and the CVA Supervisors are proceeding with the implementation of the CVAs for all of the recently active entities in the Group.

Enquiries:-

KPMG :- Sorrelle Cooper - 020 7694 8527

Southern Cross Healthcare Group PLC: FTI :-Ben Brewerton - 020 7269 7279

This information is provided by RNS

The company news service from the London Stock Exchange

END

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