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Healthcare Locums plc Update on the US proceedings commenced against HCL

Healthcare Locums plc Update on the US proceedings commenced against HCL

As reported to shareholders on 29 February 2012, legal proceedings were filed against the Company and some of its former directors in the United States District Court for the Southern District of New York by Permian Master Fund, LP Permian Investments Partners, LP Arundel Capital LLC Arundel Long Fund LP Arundel Hedge Fund LP Privet Capital, LLC and Flinn Investments, LLC ('the Plaintiffs').

The Company has been informed that the proceedings have been dismissed voluntarily by the Plaintiffs. No prior notice was given to the Company and no explanation has been given by the Plaintiffs as to their reasons for seeking voluntary dismissal.

Peter Sullivan, Chairman, commented "The Board welcomes this decision. The filed legal proceedings were an unwelcome distraction and the Board was always of the opinion that the claims were wholly without merit."

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