CareTech : Rule 19.6(c) Confirmation

THE FOLLOWING ANNOUNCEMENT IS BEING MADE PURSUANT TO THE REQUIREMENTS OF RULE 19.6(C) OF THE CITY CODE ON TAKEOVERS AND MERGERS (THE 'CODE'), WHICH, INTER ALIA, REQUIRES A PARTY TO AN OFFER TO MAKE AN ANNOUNCEMENT AT THE END OF A PERIOD OF 12 MONTHS FROM THE DATE ON WHICH THE OFFER PERIOD ENDED CONFIRMING WHETHER IT HAS TAKEN, OR NOT TAKEN, THE COURSE OF ACTION SET OUT IN ITS STATED INTENTIONS

18 October 2019

CareTech Holdings PLC

Rule 19.6(c) confirmation with respect to stated post-offer intentions with regard to Cambian Group plc (now known as Cambian Group Limited)

CareTech Holdings PLC ('CareTech') announces that further to the completion of its cash and share offer for Cambian Group plc which was implemented by means of a Court-sanctioned scheme of arrangement under Part 26 of the Companies Act 2006 and which became effective on 18 October 2018, it has duly confirmed in writing to The Panel on Takeovers and Mergers in accordance with the requirements of Rule 19.6(c) of the Code that CareTech has complied with the post-offer statements of intent made pursuant to Rules 2.7(c)(iv) and 24.2 of the Code as detailed in the announcement of 16 August 2018 and the scheme document published on 19 September 2018.

Enquiries:

CareTech	[phone]
Farouq Sheikh, Executive Chairman
Gareth Dufton, Interim Group Finance Director
Buchanan (PR Adviser)	[phone]
Mark Court
Sophie Wills
Tilly Abraham
Panmure Gordon (Nomad and Joint Broker)	[phone]
Emma Earl
Freddy Crossley
Charles Leigh-Pemberton
WH Ireland (Joint Broker)	[phone]
Adrian Hadden
Jessica Cave
Matthew Chan

About CareTech

CareTech Holdings plc is a leading provider of specialist social care and education services, supporting around 4,500 adults and children with a wide range of complex needs in more than 550 residential facilities and specialist schools around the UK and employing approximately 10,000 staff.

Committed to the highest standards of care and care governance, CareTech provides its innovative care pathways covering; Adult learning disabilities and specialist services; Children's residential and education services; and foster care.

CareTech, which was founded in 1993, began trading on the AIM market of the London Stock Exchange in October 2005 under the ticker symbol CTH.

For further information please visit:www.caretech-uk.com