March 28 Fri Mar 28, 2014 3:43am EDT
* Company has signed heads of terms in connection with possible acquisition of a revenue-generating and profitable uk-based private company in healthcare support services sector
* Transaction would be structured by way of an acquisition of target by ark in consideration for issue of new ark shares to shareholders
* However intention would be that existing ark shareholders would retain a significant minority of equity of enlarged company
* Board expects to make a further announcement in due course.
* Requested listing of ark's premium listed shares on main market of london stock exchange be suspended by uk listing authority pending publication of required shareholder documents Source text for Eikon: Further company coverage:
* Company has signed heads of terms in connection with possible acquisition of a revenue-generating and profitable uk-based private company in healthcare support services sector
* Transaction would be structured by way of an acquisition of target by ark in consideration for issue of new ark shares to shareholders
* However intention would be that existing ark shareholders would retain a significant minority of equity of enlarged company
* Board expects to make a further announcement in due course.
* Requested listing of ark's premium listed shares on main market of london stock exchange be suspended by uk listing authority pending publication of required shareholder documents Source text for Eikon: Further company coverage:
via Smart Health Shop Forum http://ift.tt/1je9K3D
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