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MDR - MEDADVISOR LIMITED


nipper
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And an acquisition and Cap Raise.
MedAdvisor to acquire GuildLink from Guild Group (100% owned entity of The Pharmacy Guild of Australia), enabling MedAdvisor to provide an enhanced platform that removes duplication and increases efficiencies for the benefit of Australian pharmacies
• The Pharmacy Guild of Australia will work in partnership with MedAdvisor to develop and deliver new and ongoing health service initiatives including government programs to provide and support the health needs of communities across Australia
• Consideration for the acquisition is by way of a placement of 15% of the fully paid ordinary shares in MedAdvisor to Guild Group at $0.16 per share, equivalent to approximately $9.14 million. Following the placement, Guild Group will become the largest shareholder in MedAdvisor


• MedAdvisor successfully completes the institutional component of its accelerated non renounceable entitlement offer, raising approx. $10 million
• Retail Entitlement Offer now fully underwritten and will raise a further $4.6 million ... @ $0.14 per share and ratio of 1 new share for every 4.2 shares held.

GuildLink is a provider of digital healthcare solutions and medicines information for consumers, health professionals and other partners

............. now 17c so parties are ahead

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