17th Dec 2010 12:00
17 December 2010
MediLink-Global UK Limited
("MediLink" or the "Company")
Director Shareholding
The Board of MediLink, the electronic healthcard network service provider, was today informed that on 10 December 2010, Datalink Holdings Sdn Bhd ("Datalink"), a company which Shia Kok Fat, CEO of Medilink, is a director and major shareholder, sold 1,500,000 ordinary shares of 5p each in the Company ("Ordinary Shares") at a price of 12p per share to Jack Brandt, Chairman of Medilink-Global (Asia) Pte Limited, a wholly owned subsidiary of Medilink, in an off-market transaction (the "Share Transaction").
Following the Share Transaction Shia Kok Fat has a total interest in 31,100,000 Ordinary Shares in the Company, equivalent to 26.2% of Medilink's existing issued share capital. Of the 31,100,000 Ordinary Shares Shia Kok Fat is directly interested in 25,000,000 Ordinary Shares registered in his own name and indirectly interested in 6,100,000 Ordinary Shares held by Datalink.
For further information please contact:
MediLink-Global UK Limited Shia Kok Fat, Chief Executive Officer www.medilink-global.com | Tel: + 603 2296 3028 |
Allenby Capital Limited (Nominated Adviser and Joint Broker) Nick Athanas James Reeve |
Tel: +44 (0)20 3328 5656 |
Daniel Stewart & Company plc (Joint Broker) Adam Wilson Colin Rowbury |
Tel: +44 (0)20 7776 6550 |
Related Shares:
MEDI.L