MEDI Medilink

TIDMMEDI

RNS Number : 6692O

Medilink-Global UK Limited

09 November 2016

9 November 2016

MediLink-Global UK Limited

("MediLink" or "the Company")

UPDATE RE proposed cancellation of trading on aim

MediLink, the provider of electronic healthcard network services to insurance companies and corporate organisations, to help them facilitate the administration of medical claims and healthcare data management, announces the following update further to its announcements of 27 July 2016 and 29 September 2016 regarding the Board's intention to seek shareholder approval for the cancellation of the Company's ordinary shares from trading on AIM ("Cancellation").

The Directors have consulted with certain of the Company's substantial shareholders in order to ascertain their support for the proposed Cancellation. One of these shareholders, who holds in excess of 20% of the Company's issued share capital, has provided initial feedback that they would not be supportive of the proposed Cancellation and so the Board is currently considering various options in relation to the Company's future strategy. Further announcements will be made as appropriate.

Enquiries:

 
 MediLink-Global UK Limited      Allenby Capital Limited 
                                  (Nominated Adviser and 
                                  Broker) 
 Shia Kok Fat, Chief Executive   Nick Athanas 
  Officer 
 Tel: 00 603 2296 3028           James Reeve 
                                 Liz Kirchner 
 www.medilink-global.com         Tel: +44(0)20 3328 5656 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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November 09, 2016 02:00 ET (07:00 GMT)

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