MDY Mdy Healthcare

TIDMMDY

RNS Number : 7711A

MDY Healthcare PLC

03 April 2012

MDY Healthcare plc

("MDY" or the "Company")

Court Hearing Continued

3 April 2012: Further to special resolution passed at the Company's EGM on 8 March 2012 in connection with, amongst other things, the proposed cancellation of the Company's share premium account and reduction of capital (and incorporating a return of capital to shareholders) ("the Capital Reduction"), at the Court hearing today in the Court of Session in Edinburgh of the petition to consider the Capital Reduction, the Court continued consideration of the petition until 10.30am on Thursday 5 April 2012 to enable it to hear further submissions.

The Company will provide a further update to shareholders following this short continuation.

For further information, please contact:

 
MDY Healthcare plc 
Grahame Cook, Chairman                                 +44 (0) 20 3178 5925 
 
Zeus Capital Limited (Nomad) 
Ross Andrews, Andrew Jones                      +44 (0) 161 831 1512 
 
 

Notes for editors:

About MDY Healthcare

MDY Healthcare plc is a sector specialised strategic investing company quoted on AIM (ticker symbol: MDY). Further information can be found on the website www.mdyhealthcare.com.

END

This information is provided by RNS

The company news service from the London Stock Exchange

END

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