Inspiration Healthcare Group PLC Proposal for reduction in share premium account (4188N)
25 October 2016 - 11:38PM
UK Regulatory
TIDMIHC
RNS Number : 4188N
Inspiration Healthcare Group PLC
25 October 2016
Inspiration Healthcare Group plc
("Inspiration Healthcare" or the "Company")
Proposal for reduction in share premium account
Inspiration Healthcare Group PLC is announcing that it has
halted the proposal for the reduction of the share premium account,
which was approved by shareholders on the 21 September 2016, due to
a legal technicality which now requires additional resolutions to
be passed by shareholders to ensure that sufficient distributable
reserves are created. The Company anticipates re-submitting the
required resolutions for shareholders to consider at the next AGM
in June 2017.
Enquiries:
Inspiration Healthcare
Group plc
Neil Campbell, Chief Executive
Officer
Mike Briant, Chief Financial
Officer 01455 840555
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Nominated Adviser & Broker
Cenkos Securities plc
Bobbie Hilliam (NOMAD) 0207 397 8900
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Cadogan PR
Alex Walters 07771 713608
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This announcement contains inside information.
About Inspiration Healthcare
Inspiration Healthcare (AIM: IHC) is a global supplier of
medical technology for critical care, operating theatre and other
medical applications. The Company provides high quality innovative
products to patients and caregivers around the world that help to
improve patient outcomes and efficiencies of healthcare
organisations with patient focused customer service and technical
support.
The Company's own brand of critical care solutions span
non-invasive respiratory management, thermoregulation and
diagnostics, and patient warming for newborns through to adults in
intensive care and the operating theatre, whilst the distribution
business supplies solutions to support specialised surgical
procedures and infusion therapies.
Present in over 50 countries worldwide, Inspiration Healthcare's
success has been built on continuous innovation, excellent customer
service and an inherent commitment to improving the quality of life
of patients, working in close collaboration with key opinion
leaders and stakeholders in the clinical and medical community
across the globe.
This information is provided by RNS
The company news service from the London Stock Exchange
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