Information to the market
Reference is made to the article which appeared on the Lovin’ Malta portal on the 3rd June 2021 entitled “‘Benefits Outweigh Risks’, Medserv Says About Deal With Oilfield Company With Angolan Connections” (the Article)
total tubular management - Medserv Energy
Reference is made to the article which appeared on the Lovin’ Malta portal on the 3rd June 2021 entitled “‘Benefits Outweigh Risks’, Medserv Says About Deal With Oilfield Company With Angolan Connections” (the Article).
 
The Article makes reference to the prospective share for share exchange with Regis Holding Limited and its shareholders, announced to the market in the recent past (ref: 234/2021). The Article insinuates a series of potential wrongdoings by Mr Dave O’Connor and Mr Olivier Bernard (the Regis Shareholders) in a number of instances. The Company takes any allegations of this nature very seriously and with utmost importance. In the spirit of this, the Company wishes to assure the market that, following the due diligence exercise it had carried out and throughout its negotiations, the Company has had no reason to believe that the Regis Group or any of its shareholders were not of good repute.
 
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