The investing public has been notified of the suspension on the trading in the shares of Union Diagnostic and Clinical Services Plc.
The suspension is necessary to prevent trading in the shares of the Company beyond the effective date of the Scheme of Arrangement between Union Diagnostic and Cedar Advisory Partners Limited and for determining the shareholders whose names are in the register of members on the effective date.
The terms of the Scheme include the transfer of the entire issued and fully paid up ordinary shares of 50 Kobo each in Union Diagnostic held by the Scheme Shareholders to Cedar Advisory Partners Limited. The Company’s shareholders approved the Scheme at a Court Ordered Meeting held on 25 January 2021.