Watchstone Group PLC Update re the sale of Healthcare services business (0699V)
November 29 2019 - 2:00AM
UK Regulatory
TIDMWTG
RNS Number : 0699V
Watchstone Group PLC
29 November 2019
Watchstone Group plc
("Watchstone" or the "Company" or the "Group")
Update re the sale of Healthcare services business
Further to its announcement on 17 September 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 extend the long stop completion
date to 31 December 2019 as they await the final consent.
For further information:
Watchstone Group plc Tel: 03333 448048
WH Ireland Limited, Nominated Adviser Tel: 020 7220 1666
and broker
Chris Hardie
Lydia Zychowska
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END
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