Cambian Group PLC Completion of the Adult Services Business Disposal (8878S)
December 28 2016 - 8:15AM
UK Regulatory
TIDMCMBN
RNS Number : 8878S
Cambian Group PLC
28 December 2016
Cambian Group plc
28 December 2016
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN
PART, IN, INTO, OR FROM ANY JURISDICTION WHERE TO DO SO WOULD
CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF THAT
JURISDICTION
Cambian Group plc
COMPLETION OF THE DISPOSAL OF THE ADULT SERVICES BUSINESS
Further to Cambian Group plc's (the "Company") announcement
dated 27 December 2016 regarding the result of the General Meeting,
the Company announces that the disposal of its Adult Services
Business to Cygnet Health Care Limited completed earlier today.
At Completion, all of the Company's indebtedness was repaid.
Terms used in this announcement shall have the same meanings as
set out in the Circular unless otherwise defined.
Enquiries:
Cambian Group plc Tel: +44 (0) 20
8735 6150
Saleem Asaria, Chief Executive
Officer
Martin Hopcroft, Chief
Financial Officer
Rothschild (Financial Adviser) Tel: +44 (0) 20
7280 5000
Hedley Goldberg
Thibault Poirier
Numis (Sponsor and Joint Tel: +44 (0) 20
Corporate Broker) 7920 3150
Michael Meade
James Taylor
James Black
J.P. Morgan Cazenove (Joint Tel: +44 (0) 20
Corporate Broker) 7742 4000
James Mitford
Alex Bruce
Instinctif Partners (PR Tel: +44 (0) 20
Adviser) 7457 2020
Mark Garraway
James Gray
ENDS
This information is provided by RNS
The company news service from the London Stock Exchange
END
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December 28, 2016 09:15 ET (14:15 GMT)
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