Amala Foods PLC Transaction Update
24 Aprile 2024 - 8:00AM
RNS Regulatory News
RNS Number : 7917L
Amala Foods PLC
24 April 2024
Amala Foods
Plc
("Amala" or the
"Company")
Transaction
Update
Amala Foods Plc (LON: DISH) is
pleased to announce a further update following the Temporary
Suspension of its listing on the Standard Segment of the Official
List of the Main Market that was first announced on 9 November 2023
and subsequently on 4 January 2024.
The Company is pleased to update the
market that the announced transaction continues to progress.
The Company has made further prospectus submissions to the
Financial Conduct Authority (FCA) and anticipates its next
submission within the coming weeks once the audited numbers of the
target company are available.
As previously announced the target
company is a newly formed healthcare group, Healthcare Medical Plus
Pte Ltd with a Philippine subsidiary, Dialysis Care Plus Inc, which
is building dialysis centres in the Philippines where the market
for dialysis services is growing substantially every year.
The group continues to grow and has executed agreements to acquire,
prior to Admission, of a diagnostic centre, that has a multiyear
positive track record. In addition, the group has formed a
new subsidiary, VidaHealth Inc which has funded a new diagnostic
clinic where it has a 70% interest and has an Option to build a
further 50 diagnostic centres.
The Directors are targeting that the
transaction will be concluded in the summer of 2024 and the
Directors will provide further updates to the market in due
course.
Whilst the Directors are confident
that a successful transaction will result in a Reverse Takeover,
subject to regulatory approval, there can be no guarantee of
such.
THIS ANNOUNCEMENT CONTAINS INSIDE
INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF THE MARKET ABUSE
REGULATION EU 596/2014 ("MAR").
Enquiries:
Jonathan Morley-Kirk, Non-Executive
Chairman
jmk@bluebirdmv.com
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END
STRSELSFLELSEDL
Grafico Azioni Amala Foods (LSE:DISH)
Storico
Da Ott 2024 a Nov 2024
Grafico Azioni Amala Foods (LSE:DISH)
Storico
Da Nov 2023 a Nov 2024