DHAIS plc
LSE : DHAP

June 08, 2009 11:22 ET

Acquisition Discussions




                                             DHAIS Plc
                                                 
                                      Acquisition Discussions

DHAIS  Plc,  ("DHAIS") a UK leader in the marketing of hearing aids and retailer  of  hearing  and
mobility  products,  announces that it has commenced negotiations with  a  view  to  acquiring  57
hearing  aid testing centres from Hearsavers Limited situated across the UK. The acquisition  will
be  undertaken via DHAIS's subsidiary Hearing Health and Mobility Ltd which currently operates  27
Hearing and Mobility Centres.  It is hoped that the deal will be concluded by the end of June.


8 June 2009

Enquiries:

DHAIS Plc                                         029 2066 6888
Amin Kiddy, Finance Director
Haggie Financial LLP                              020 7417 8989
Nicholas Nelson/Kathy Boate
PLUS Advisor:                                     020 7251 3762
Alfred Henry Corporate Finance Ltd
Jon Isaacs/Nick Michaels

The Directors accept responsibility for this announcement.


About DHAIS:

DHAIS is a public limited company trading as both a retailer of hearing and mobility products  and
also as a freelance marketing company. Operating from offices in London and Cardiff, DHAIS entered
the  retail  health sector through two acquisitions in 2008 and one in 2009 and  now  operates  27
hearing  and  mobility stores around the UK through its 100% owned subsidiary Hearing  Health  and
Mobility  Limited.  Alongside the expanding retail business, DHAIS's marketing  arm  continues  to
place carefully targeted advertisements in national newspapers and selected other publications  in
order to generate sales leads from individuals interested in purchasing either a hearing aid or  a
mobility or health care product.

DHAIS is a PLUS Markets quoted company.

Contact Information

  • DHAIS plc