28th Dec 2016 14:15
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 Corporate Broker) | Tel: +44 (0) 20 7920 3150 |
Michael Meade | |
James Taylor | |
James Black | |
J.P. Morgan Cazenove (Joint Corporate Broker) James Mitford Alex Bruce
|
Tel: +44 (0) 20 7742 4000 |
Instinctif Partners (PR Adviser) | Tel: +44 (0) 20 7457 2020 |
Mark Garraway | |
James Gray |
ENDS
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Cambian Group