Holding in Company - Update
31 Juli 2000 - 1:01PM
UK Regulatory
RNS Number:7054O
Medisys PLC
31 July 2000
Medisys PLC
("The Company")
Substantial Shareholding Notification
Following the Company's announcements on 27 and 28 July
2000 (the "Announcements"), the Company announces that it
received a further clarifying notice today on 28 July
2000, in accordance with the provisions of section 198 of
the Companies Act 1985, from Morley Fund Management CGNU
plc (formerly Norwich Union plc) (a member of the CGNU
group) stating that the transfer of 8,745,000 shares
referred to in the Announcements related to a CGNU plc.
intra group transfer between Norwich Union funds and CGU
funds and was not a sale of shares in the market. CGNU
plc no longer has a notifiable interest in the Company's
shares. This follows additional sales by CGNU plc on 24
July 2000 of 4,079,268 ordinary shares.
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