Medserv plc - Results of Lapsed Rights Offer

Wednesday, February 3rd, 2016

On 2 February, Medserv plc announced that during the recent Lapsed Rights Offer, total bids amounted to 2,262,254 shares (out of a total amount of 3,517,904 Lapsed Rights) for a total amount of €3,401,677, equivalent to €1.504 per share. Consequently, the 1,255,650 Lapsed Rights not subscribed for will not be allotted.

Accordingly, on the basis of the Rights Issue, the Majority Shareholders’ Rights Offer and the Lapsed Rights Offer, a total number of 8,744,399 new Medserv shares shall be issued and allotted, representing an increase of 19.4% in the Company’s issued share capital. Medserv’s issued share capital will increase to 53,744,405 shares.

It is expected that the new shares, together with the EUR and USD bonds, will be allotted and admitted to listing on or around the 5 February, whilst trading is expected to commence on 8 February.

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