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DJ Positive Healthcare Plc Suspension of Trading

 
TIDMDOC 
 
POSITIVE HEALTHCARE PLC 
 
                   ("Positive Healthcare" or the "Company") 
 
                             Suspension of Trading 
 
Positive Healthcare announces that trading on the NEX Exchange Growth Market in 
the Company's 7% Bonds due 2021 (the "Bonds") has been suspended with immediate 
effect at the request of the Directors. The Directors have become aware of 
certain trading irregularities at the Company's principal operating subsidiary 
as a result of which the Company is unable to complete the audit of its results 
for the year ended 31 March 2017 (due to be completed and announced by 31 
August 2018) and is unable to pay the next coupon on the Bonds which is due on 
31 August 2018. 
 
The Directors are taking urgent steps to clarify and rectify the situation and 
a further announcement will be made as soon as possible. 
 
The Directors of Positive Healthcare accept responsibility for this 
announcement. 
 
For further information, please contact: 
 
Positive Healthcare plc 
Chris Ledbury - CEO 
www.positiveplc.co.uk. 
Tel: +44 (0) 203 587 7566 
Email: chris@positivementalhealth.co.uk 
 
Peterhouse Capaital Limited 
Fungai Ndoro and Mark Anwyl 
Tel: +44 (0) 20 7469 0930 
 
 
 
END 
 

(END) Dow Jones Newswires

August 31, 2018 02:00 ET (06:00 GMT)