(MDY) MDY Healthcare

any news from medisys?

so, any idea when some payment will be for the faithful?

http://www.stanmoreimplants.com/news.php

Thanks keep us updated Baffler ...

Read on another forum that the next payment is circa 6p-to 7p per share.

Dont know when.

Stanmore to come yet.

dyor

This is 100% my personal opinion.
Gyllenhammer is still involved and will want every penny.
The industry doyen, Brian Steer is there to do just that.
And Grahame Cook and his colleagues also have a pay day and they take their duty to shareholders seriously judging by past acations.

As soon as markets conditions enable them to get this away, they will! They may have already tried and found a wary market. The track record here just gets better and better it seems.

If I am correct, Charles Spicer identified this one and MDY picked up 10%

It all comes to he who waits.

dyor

Does anyone follow if they are still trading shares.

It looks impressive and potentially there will be value. When do you think we (as investors) will be able to realise that value?

What do you think the future holds for us?

http://www.stanmoreimplants.com/news.php

Any update, on medysis and fhe next payment?

You can register on the MDY site to receive updates. Only takes a minute and it could be worthwhile, other were in the dark waiting for Baffler to show.
Good luck.

You should have had unless they are in
nominee name

I've had these shares for years and haven't received a cheque recently

I will investigate and report back.

Baffler asking for news on MDY ... you have been the closest follower for years .. if you don't know ........
but having received a cheque for 170 pounds it would be nice to know where they are going and how it effects those remaining ...

perhaps somebody could post a link to a better forum to follow this co .. if there is one ?

That is what the words "final payment" means.

Does anyone have any news on MDY?

I'm assuming that once we get the final payments then the shares are completely worthless.
Is that assumption correct?

Baffler

My Natwest broker says that though they cant deal in the shares ,MDY still have to inform them of anything affecting said shares ie Stanmore.This because on paper Natwest still have the shares in the private company after the 52p return. on their books .I take it from this that if we were due anything then our brokers have to be informed in much the same way as if we were still in AIM.

Tessa, I admit that I don't know what a 'sharetrade' account is. If you received your 52p per share, does it follow that through the same channels you will receive the remaining payments from the disposal of our stake in Stanmore and the residue of the payment that is currently held in an Escrow account. You could visit the company website and make contact via there

I am a bit confused as to what is happening. I held my shares in my Sharetrade account. I recently got my 52p a share, so so far only losing about 90% of my original investment after many years.
Anyway bitterness aside i understand the shares are now off aim and trading on another minor platform and i should still have the 2700 shares i always had. But they dont show on my account, I guess as I cannot deal in them via Sharetrade any longer. But i have not been sent any paper shares, so where are my shares now? and what do i need to do
There are no messages from Sharetrade in relation to them.
Anyone wiser than me on this?
Tessa

I beieve in the mantra of 'under promise and over deliver'.

I wouldn't have thought that 40p was that optimistic. Am I right in thinking that they have witheld 20p per share from the first sale. On top of this the company must still hold cash assets which should be divvied up. I'm expecting another payout of the same order as last time probably in September. Just in time for a late holiday.
Cheers

If you were a registered shareholder you would have received 52p per share about two weeks ago. Check with your broker or bank. It could be that after the dilution that took place, you only had one or two shares so do not get excited just yet.

We have oney sitting in an Escrow account and all being well a further payment could be made from that fund.

We also own a sizeable stake in a company called Stanmore who are doing really well.

Sit back and let our management do their stuff - hopefuly within twelve months this will be all wrapped up.

hope for at least another 40p per share, no harm in hoping.

So what does this all mean?
Are we going to get anything from Medysis?

Where is that syringe????............................

Totally delighted.

Totally confused.

DJ MDY Healthcare PLC Admission Statement - Sharemark Trading Platform
RNS Number : 6292C

MDY Healthcare PLC

03 May 2012

For immediate release 3 May 2012

MDY Healthcare Limited

("MDY Healthcare" or, the "Company")

Admission Statement

The Directors of MDY Healthcare are pleased to announce that trading in the Company's shares has commenced today, 3 May 2012, on Sharemark.

The Directors of the Company are:

Martin Hunt

Grahame Cook

Registered Office:

23 Bridge Street, Ellon, Aberdeenshire, AB41 9AA

Speaking on behalf of the Company, Grahame Cook said, "Following the Company's decision to cancel its trading facility on AIM, the directors are keen to try to offer investors access to liquidity. The Sharemark trading platform provides both the Company and its shareholders with a secure, cost-effective solution to trading its stock."

The first auction in the Company's shares will take place on 11 May 2012 and thereafter auctions will be held weekly on Fridays. All auctions take place at 4pm and all orders must be entered by 3pm.

INTRODUCTION

1. Company Background

MDY Healthcare is a sector specialised investing company which sought to achieve superior returns for shareholders by investing globally in companies in the healthcare sector. The directors of the Company have significant operational and investment expertise in the sector.

MDY Healthcare currently holds an investment in one private company, Stanmore Implants. Stanmore Implants was formed in 1949 and is an innovative orthopaedic business focused on saving and restoring the function of limbs and joints. Stanmore designs, manufactures and markets a custom implant service with a portfolio of orthopaedic implants for limb salvage and complex joint replacement. Stanmore is now a market leader in the UK and has an expanding presence in export markets, delivered through both direct and distributor sales. Stanmore operates from a FDA compliant manufacturing facility close to the Royal National Orthopaedic Hospital, and has a small Continental European sales office in Lyon, France. Stanmore was spun out as an independent company from UCL's Centre for Biomedical Engineering in 1996. The Centre is known for its design of some of the world's most successful implants including the Stanmore Hip. MDY Healthcare co-led, with Abingworth Management, a syndicate of investors to acquire Stanmore Implants in February 2008. 2. Capital reduction exercise

On 26 April 2012, following receipt of shareholder and Court approvals, the Company returned GBP9.5 million (being 52 pence per Ordinary Share on a fully diluted basis) to

shareholders registered on the register of members of the Company at the record time for the capital return. The Company implemented a capital reduction by cancelling the Company's share premium account and deferred shares in order to facilitate the return of capital to shareholders, since the Company no longer had a need for this capital. The Company has retained sufficient cash reserves to cover administrative expenses.

Further details of the capital reduction exercise can be found in the original circular that was sent to shareholders on 14 February 2012, a copy of which can be found in the reports and information section of the Company's website, www.mdyhealthcare.com.

3. Activities for forthcoming year

MDY Healthcare intends to manage its investment in Stanmore going forward with a view to realising this investment at the appropriate time in order to return value to MDY Healthcare's shareholders. The Company intends to make further returns of capital or distributions to shareholders, subject to any necessary approvals, at the appropriate time.

4. Responsibility Statement

The Directors of MDY Healthcare, as set out above, accept responsibility for the information contained within this document. To the best of the knowledge and belief of the Directors (who have taken reasonable

Dave,

No, I didn't and nobody else did either other than Mr Gyllenhammer. How shrewd was he? A man to be admired in this case.

Lady B. and I are on the best of terms and we have just returned from a ten day vacation, it seems that she loves me more than ever. She never grumbles about my losses in MDY. Do you think my lottery win could have anything do with it.

Regarding making money, please be good enough to ask me again at the end of June and I expect to be able to give you a more definitive answer.

As I personally see it here, we are now on the road towards the end game. Our last remaining card is Stanmore Orthopaedics and in my eyes, it is an ace. The trick for our boys is to maximise the value in a subdued market. They have my confidence.

Looking back at MDY Heathcare, they were born into a tough age. Without doubt they made some great visionary investments and some howlers and lady luck didn't really throw the best dice in the case of AGY. I just bought into AGY.

Enjoyed talking to you and wish you and the opther regulars well.

Keep an eye on Galleon Holdings - ths is now a very different company from the one two years ago.

GOOD LUCK

Baffler

Hi Baffler
Im Sorry to see this go ,but to be honest we all knew it would end up this way.Did you ever make that fortune you kept on about and hows that wife of yours is she talking to you ?
BE HAPPY
REGARDS
DAVE

Details on the website and re-read RNS.

Anybody know when the money will be credited to Barclays Stockbrokers nominee accounts? TIA

NOTICE



26/04/2012 7:00am

I contacted the advisor on the number below who answered my questions among which. Future news to be on the MDY web site and arrangement to buy / sell planned but to be arranged.

CANCELLATION OF ADMISSION OF SECURITIES TO TRADING ON AIM
MDY HEALTHCARE PLC
At the request of the company trading on AIM for the under-mentioned securities has been cancelled from 26/04/2012 7:00am.
ORDINARY SHARES OF 1P EACH, FULLY PAID (B1VJNC5)(GB00B1VJNC59)
If you have any queries or require further information, please contact the company's nominated adviser on 0161 831 1512.

Baffler will know

My understanding is that you do own shares in a non listed company. Can someone explain how we get updates? Future payments? etc.

Similarly I hold my shares through iii and am concerned whether I will ever see any future return.

Thanks in advance
Ian

My Selftrade account still says that I own shares

In my TD account it is described as " return of capital"

What happens now for medisys share holders?
Further payments?

That is my understanding IB I

I have been assuming that tomorrows payment will count as a return of capital, and not income. Does anyone know this for sure. I haven't spotted anything in the doc about this