Subsidiary Placed into Bankruptcy Proceedings

24th Jun 2009 10:46

MeDaVinci plc ("MeDaVinci" or the "Company") Subsidiary Placed into Bankruptcy Proceedings

MeDaVinci (AIM:MVC.L), the investment Company focussed on technologies, products and services in the health and wellness markets, announces that Demecal Europe B.V. in which it has a 30% shareholding has been placed into bankruptcy proceedings by the Dutch courts.

-Ends-

For further information please contact:

Hugh Field

Collins Stewart 020-7523-8000

Adam Reynolds

Hansard Group 020-7245-1100

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