MedservRegis plc - Extension of Conditional Agreement

On 28 January 2020, Medserv plc issued an announcement with reference to the conditional framework agreement concluded between Anthony S. Diancono, Anthony J. Duncan and Malampaya Investments Limited as well as AMT S.A on 30 November 2019. The same parties to the agreement have entered into an extension agreement whereby the 31 January 2020 deadline for the launch of the Voluntary Bid has now been extended to 6 March 2020.

The due diligence exercise being carried out by Medserv plc on AMT SA is taking longer than anticipated and as such additional time is being required by both AMT SA and Medserv plc to conclude the share for share exchange (which is also subject to approval by the shareholders of Medserv plc).

Following the satisfaction of all required conditions, including the successful completion of the aforementioned due diligence exercise, by the newly established deadline, the shareholders of AMT SA will be obliged to launch a voluntary bid through the issuance of an offer document to all shareholders in Medserv plc.

No other material amendments were made to the conditional framework agreement.