Stephan Révay appointed CFO of Handicare9/26/2016
Prism Medical LTD. announces increase in consideration to be received by shareholders in connection with previously announced acquistion8/5/2016
Toronto, Ontario and Kista, Sweden – August 4, 2016 – Prism Medical Ltd. (“Prism Medical”) (TSXV:PM) and Handicare Group AB (“Handicare”) today announced that they have entered into an amendment to the previously announced arrangement agreement (the “Arrangement Agreement” and, as amended, the “Amended Arrangement Agreement”) pursuant to which Handicare will acquire all of the outstanding common shares of Prism Medical (the “Prism Medical Shares”) for $14.00 per share by way of a court approved plan of arrangement under the Business Corporations Act (Ontario) (the “Arrangement”).
Prism Medical LTD. agrees to be acquired by Handicare Group AB6/28/2016
June 27, 2016 – Prism Medical Ltd. and Handicare Group AB today announced that they have entered into an arrangement agreement pursuant to which Handicare will acquire all of the outstanding common shares of Prism Medical. Pursuant to the Arrangement Agreement, shareholders of Prism Medical will receive $12.50 in cash for each Prism Medical Share, which represents a 31.6% premium to the closing price of the Prism Medical Shares on the TSX Venture Exchange on June 27, 2016 of $9.50 and a premium of 34.2% to the 20-trading day volume weighted average trading price of the Prism Medical Shares on the TSXV. The total equity purchase price is approximately $62 million on a fully diluted basis.
Asbjørn Eskild appointed CEO of Handicare Group6/22/2016
Asbjørn Eskild appointed CEO of Handicare Group
Kista, Sweden (June 20, 2016)
Asbjørn Eskild has been appointed CEO of Handicare Group as of June 8, 2016. Asbjørn Eskild has been instrumental in helping Handicare achieve very impressive revenue and profitability improvements over the past few years. During 2016, Asbjørn was appointed COO and has in this role led the strategy work for Handicare. Asbjørn is by now well familiar with Handicare Group's opportunities, challenges and targets for the next few years to come.
Handicare and You-Q join forces7/8/2014
Taking the next step to success together.