Statement re Suspension on ASX
04 Marzo 2009 - 5:30AM
UK Regulatory
TIDMMVH
RNS Number : 2984O
Medic Vision Limited
04 March 2009
Medic Vision Limited
("Medic Vision" or the "Company")
Statement re suspension of the Company's quotation on the ASX
Medic Vision announces that its quotation on the ASX has been suspended, pending
the release of additional information and clarification regarding the Company's
financial condition, particularly with regard, inter alia, to the status of the
Further Capital Raise, detailed in the Company's announcement of 2 March 2009
and in its Interim Results, also released on 2 March 2009.
The board of Medic Vision is pleased to confirm that, even in the absence of the
Further Capital Raise, the Company has sufficient working capital for at least
the next twelve months, as the Further Capital Raise is required to fund the
continuing roll out of the Company's skills training centres, the timetable of
which is wholly within the Company's discretion.
Accordingly, trading in the Company's securities on AIM will continue and a
further announcement on the status of the Company's suspension of its quotation
on the ASX will be made as and when appropriate.
Defined terms in this announcement each have the same meaning as in the
Company's announcement of 2 March 2009.
For further information contact:
+---------------------------------+----------------------------------------+
| Ross Horley | Tel: +61 3 8508 8288 |
| Managing Director | Mob: +61 400 209 899 |
| Medic Vision | |
| | |
+---------------------------------+----------------------------------------+
| Stuart Faulkner / Victoria | Tel: +44 20 7409 3494 |
| Milne-Taylor | |
| Strand Partners Limited | |
| | |
+---------------------------------+----------------------------------------+
| Ruari McGirr | Tel: +44 20 7628 5582 |
| St Helen's Capital Plc | |
| | |
+---------------------------------+----------------------------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
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