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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Spacelabs Regs | LSE:SLAB | London | Ordinary Share | COMMON STOCK USD0.001 (REGS) |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 95.00 | 0.00 | 00:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
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RNS Number:2470J
Spacelabs Healthcare Inc.
05 December 2007
Spacelabs Healthcare Inc. -- Announcement Regarding Parent Company Shareholding
HAWTHORNE, CA--(Marketwire - December 05, 2007) - Spacelabs Healthcare Inc.
(LSE: SLAB) (the "Company" or "Spacelabs") announces today that its majority
shareholder, OSI Systems, Inc. ("OSI Systems") has expressed its intention to
acquire the remaining shares of the Company -- currently OSI Systems owns
approximately 89% of the issued and outstanding shares of Spacelabs. OSI Systems
has indicated to the Company that it intends to offer to acquire the remaining
Spacelabs shares for 100p per share, a premium of 25% to the closing price on 4
December 2007. As a US company listed in the UK, the City Code on Takeovers and
Mergers does not apply to the Company, although the company's by-laws contain
certain provisions relating to mandatory takeovers. The Company anticipates that
OSI will communicate directly with Spacelabs shareholders in regard to this
offer.
Enquiries:
Spacelabs Healthcare Inc.
Tel: +1 310 978 0516
Sir John Banham
Jeremy Norton
Piper Jaffray Ltd.
Tel: 020 3142 8700
David Rasouly
Will Carnwath
This information is provided by RNS
The company news service from the London Stock Exchange
END
HOLEADASEANXFFE
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