6PM Holdings plc -Transfer of subsidiary

 6PM Holdings P.L.C. has issued the following Company Announcement in compliance with the listing rules.

By virtue of an agreement dated 9 October 2015, 6PM Holdings plc has transferred fourteen thousand (14,000) Ordinary “A” shares and six thousand (6,000) Ordinary “B” shares (collectively “the Shares”) it holds in Agilis6 Limited, a company incorporated under the laws of Malta and bearing company registration number C 28642.

The Shares, representing the total issued share capital of Agilis6 Limited, have been acquired by Mr. Marcel Cutajar holder of Maltese Identity Card number 492265M for a total consideration of one hundred and twenty thousand Euro (€120,000).

This transaction is in line with the objectives of 6PM Holdings plc to focus predominantly on the health industry, which objective was outlined during the last annual general meeting.

The transfer of the Shares falls below the threshold of a Class 1 transaction as set forth in Listing Rule 5.148 et seq.

To view the official Company Announcement, click here.