2nd Jul 2008 13:41
SYNERGY HEALTHCARE PLC
("Synergy" or "the Company")
Admission of the Company's ordinary shares to the Official List and to trading on the London Stock Exchange's market for listed securities
Synergy has today published its prospectus in connection with the proposed listing of its ordinary shares on the Official List of the UK Listing Authority and admission to trading on the London Stock Exchange's market for listed securities ("Admission"). It is expected that Admission will become effective and that dealings on the London Stock Exchange's main market will commence at 8.00 a.m. on Monday 7 July 2008. The Company's ordinary shares will be simultaneously cancelled on AIM.
Since inception Synergy has grown both organically and through acquisitions, becoming increasingly diversified geographically. As previously announced, the Directors believe that should now be reflected in the market on which Synergy shares are traded. Furthermore, the Directors believe that this move to the Official List will leave the Company well placed to achieve greater liquidity in its shares, raise its profile both domestically and internationally with investors and its customer base, and improve access to capital. The listing will not raise new money for the Company. The Company's RIC code will continue to be SYR and, on Admission, there will be 53,355,857 ordinary shares in issue.
The prospectus has been submitted to the UKLA and will shortly be available for inspection at the UKLA's Document Viewing Facility, which is situated at:
Financial Services Authority
25 The North Colonnade
Canary Wharf
London E14 5HS
Enquiries:
Synergy Healthcare plc 01793 891880
Dr Richard Steeves, Chief Executive
Ivan Jacques, Finance Director
Investec Investment Banking 0207 597 5970
Nominated adviser and Sponsor to Synergy Healthcare plc
Gary Clarence
Adam Tinsley
Related Shares:
SYR.L