The Medserv Board of Directors have today announced that the Company has entered into an agreement with Regis Holdings Limited to bring the two entities together through a share for share exchange. Subject to all the required approvals, the new company shall be known as MedservRegis and will continue to be listed on the Malta Stock Exchange.

The transaction with Regis is expected to provide Medserv with market entry into critical growing markets and to strengthen Medserv's equity base and liquidity position.