Watchstone Group PLC Update re the sale of Healthcare services business (6577B)
February 03 2020 - 2:00AM
UK Regulatory
TIDMWTG
RNS Number : 6577B
Watchstone Group PLC
03 February 2020
Watchstone Group plc
("Watchstone" or the "Company" or the "Group")
Update re the sale of Healthcare services business
Further to its previous announcements, Watchstone Group plc
(LON:WTG) announces that its Canadian subsidiary, Quindell Services
Inc. has now received the 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. Completion of the
transaction is expected to take place on or about 7 February 2020
pursuant to the terms of the purchase agreement.
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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