Medserv plc - Unsuccessful Bid in Cyprus

On 7 October, Medserv plc announced that it was unsuccessful in its bid for a contract relating to the provision of services offshore Cyprus to an IOC which was referred to in the Interim Report published on 26 August.

Nonetheless, the Directors noted that potential profits from this contract were not included in the Company’s published financial forecasts.

Meanwhile, the Medserv Group continues to provide shore base services to ENI from its base in Larnaca.