Further re Disposal
December 01 2005 - 11:06AM
UK Regulatory
RNS Number:0173V
Aquilo PLC
01 December 2005
Aquilo Plc ('the Company')
Further re: Aquilo sells AccidentCare Business
Further to the announcement earlier today and in accordance with Schedule 4 of
the AIM Rules, the following information in relation to the Company's recent
disposal of its AccidentCare membership services business is disclosed:
The effective date of the business transfer was 30th September 2005. The
transaction was for a cash consideration, payable on an instalment basis, and
will total #360,000 subject to certain mutually agreed conditions that were
finalised on 30 November 2005. The sale proceeds will be used for the
development of the Company's claims and advisory services.
Enquiries:
Alan Frame, Equity Development 0207 405 7777
Jonathan Ralph, Broker Assistance Limited 07968 705 408
This information is provided by RNS
The company news service from the London Stock Exchange
END
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