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Update on Acquisition of Medical Agency

11th Dec 2012 09:47

IMPACT HOLDINGS (UK) PLC - Update on Acquisition of Medical Agency

IMPACT HOLDINGS (UK) PLC - Update on Acquisition of Medical Agency

PR Newswire

London, December 11

Impact Holdings (UK) plc

("Impact" or "the Company") Update on Acquisition of Medical Agency

Impact and Medical Legal Appointments Limited ("MLA") have today announcedthat, due to the recent announcements regarding the fixed cost regime in thepersonal injury market and the uncertainty this creates, it would be in thebest interest of both parties to cease any further negotiations at the presenttime. Impact previously announced, on 12 September 2012, that it had enteredheads of agreement with MLA.

The Company continues to pursue other avenues as part of its strategicrealignment to become a provider of services to the legal and professionalsectors.

For further enquiries:

Impact Holdings (UK) plc Paul Davies, Chief Executive OfficerTel: 01928 793550

Zeus Capital Limited Andrew Jones/Nick CowlesTel: 0161 831 1512

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