Medserv plc – Medserv Cyprus

The company announced that as per the Directors’ report dated 26 August 2016, accompanying the interim financial statements for the six months ended 30 June 2016. It was stated that the Company was awaiting the outcome of a bid relating to the provision of services offshore Cyprus to an IOC. The Medserv group was unsuccessful in its bid for the contract, possible profits from which were not included in the Company’s published financial forecasts.

To view the full announcement, click here.