MedservRegis plc - Allocation Policy

On 30 September, Medserv plc announced its allocation policy in connection with the issue of €13 million 6% Notes maturing in 2020/23 representing the first tranche of the first series of its €20 million Debt Issuance Programme.

The €13 million Note Issue was oversubscribed. The pre-placement amount of €7.8 million was fully subscribed on 19 September 2013. The Company received a total of 3,845 applications in the general public offer representing a total value of €55.47 million for the €5.2 million remaining available after the pre-placement.

As such, applications had to be scaled down significantly. The Company is adopting the following allocation policy:

• Applications for less than €15,000 shall receive €300 and 6.18% of the application amount.

• Applications for €15,000 or more shall receive 8.5520% of the application amount.

 

Interest on the Notes will accrue as from 11 October 2013. Refunds of unallocated monies will be effected by not later than 7 October 2013.