28th Dec 2006 14:33
Medical Solutions plc ("Medical Solutions" or the "Company")
Application for admission of shares
Medical Solutions announces that an application has been made to London Stock Exchange plc and the UK Listing Authority for the admission of 3,986,157 ordinary shares of 2 pence each. These shares are already in issue, having been issued pursuant to previous acquisitions. The Company issued 463,576 shares on 1 February 2005 as part of the consideration for the acquisition of Histopathology and Speciality Laboratory. The Company issued 3,522,581 shares on 28 July 2005 to Sunny Varkey as part settlement of the deferred consideration for the acquisition of Welcare Lab. The ordinary shares rank pari passu with the existing ordinary shares in the capital of the Company. The Company has also applied for a reduction of listed shares by 729,452 shares (250,000 shares cancelled by the Company and the balance relating to the reconciliation of listed to issued share capital). For the avoidance of doubt, the Company is not amending its issued or authorised ordinary share capital, only amending those shares recognised as being listed by the UK Listing Authority. The issued share capital of the Company is 203,765,232 ordinary shares of 2 pence each.
Enquiries:Medical Solutions plc
Nick Ash, Company Secretary 0115 973 9010
Bell Pottinger Corporate & Financial
Geoff Callow/Chris Hamilton 020 7861 3232
Nomura Code Securities Limited
Richard Potts 020 7776 1200
28 December 2006
MEDICAL SOLUTIONS PLCRelated Shares:
SBS.L