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Update on progress of the CVAs

31st Jul 2012 11:19

RNS Number : 9202I
Southern Cross Healthcare Grp PLC
31 July 2012
 



 

 

 

 

 

31 July 2012

 

 

Southern Cross Healthcare Group PLC

("Southern Cross", or "the Company" or "the Group")

 

Update on progress of the CVAs

 

Southern Cross announces that, following the positive votes by creditors and members at meetings held on 20 June 2012, the further conditions to implementation of the Company Voluntary Arrangements (CVAs) under Part I of the Insolvency Act 1986 have now been satisfied and the CVA Supervisors are proceeding with the implementation of the CVAs for all of the recently active entities in the Group.

Enquiries:-

 

KPMG :- Sorrelle Cooper - 020 7694 8527

 

Southern Cross Healthcare Group PLC: FTI :-Ben Brewerton - 020 7269 7279

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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