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HCEG Healthcare Ent.

20.50
0.00 (0.00%)
15 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Healthcare Ent. LSE:HCEG London Ordinary Share GB00B6030H73 ORD 25P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 20.50 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Crest Medical

09/03/2005 7:01am

UK Regulatory


RNS Number:4960J
Healthcare Enterprise Group PLC
09 March 2005

Healthcare Enterprise Group PLC

Crest Meets First Performance Target



Further to the announcement by the Company on 17 November 2004 of the
acquisition of Crest Medical Ltd ("Crest"), Healthcare Enterprise Group PLC 
("HCEG") is pleased to announce that the first performance target agreed under 
the terms of the acquisition has been met and accordingly HCEG has paid #242,955 
in cash to the vendors of Crest.



The balance of the performance related consideration of up to #2,747,045 will be
paid in cash or shares linked to performance targets over the next 22 months.





Stuart Bruck, Executive Chairman, Healthcare Enterprise Group PLC, commented:



"We are pleased that Crest has performed to expectations in the context of our
enlarged Group and are looking forward to providing superior service and an
extended range of high quality products to Crest customers."





                                                                    9 March 2005





Enquiries:

Healthcare Enterprise Group                                   020 7351 7500
    John Bradshaw, Finance Director

College Hill                                                  020 7457 2020
    Corinna Dorward/ Nicholas Nelson





                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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