Oasis Healthcare PLC
02 May 2007
Oasis Healthcare Plc ("Oasis" or the "Company")
Further statement re: offer approaches
On 27 and 30 April Oasis Healthcare Plc issued announcements regarding the
receipt of a number of approaches to acquire the share capital of the Company.
It now announces that it has received a revised indicative proposal from the
party which had previously submitted an indicative proposal at 60p per share
which the Board had rejected. The revised indicative proposal at 65p per share
has also been rejected, again primarily on valuation grounds.
Oasis has separately advised the party that submitted the highest indicative
offer level that it is prepared to provide that party with further information
to assist it in finalising its proposal.
All the proposals received, including those rejected, were made subject to a
number of conditions and pre-conditions, including confirmatory due diligence
and finalisation of equity and debt financing arrangements and there can
therefore be no certainty that an offer will be made.
A further announcement will be made in due course. This announcement has not
been made with the approval or agreement of any of the parties which have
submitted the proposals and there can be no certainty that an offer will be made
or as to the terms of any such offer.
2 May 2007
Oriel Securities 020 7710 7600
College Hill 020 7457 2005
Oriel Securities Limited ("Oriel"), which is authorised and regulated in the
United Kingdom by the Financial Services Authority, is acting as financial
adviser to Oasis Healthcare Plc ("Oasis") and no one else in connection with the
matters referred to herein and will not be responsible to anyone other than
Oasis for providing the protections afforded to clients of Oriel nor for
providing advice in relation to such matters.
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