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Empresaria Group plc Acquisition of additional shares in MediradiX subsidiaries

Empresaria Group plc Acquisition of additional shares in MediradiX subsidiaries

Empresaria, the AIM quoted staffing specialist, announces that, pursuant to a shareholders' agreement originally entered into on 18 July 2008, it has acquired a further 26.7 per cent. of the issued shares of each of MediradiX Oy (Finland) and MediradiX O&Uuml (Estonia). Empresaria now holds 86.7 per cent. of the shares of both these companies. The Company has paid aggregate cash consideration of EUR 0.1m to the vendor for the shares although this amount remains subject to possible final adjustment.

MediradiX specialises in the placement of doctors, dentists and nurses into hospitals and health centres on a temporary basis. In the year to 31 December 2011, MediradiX generated revenue of GBP 10 million and profit before tax of GBP 0.6 million.

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