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UK – HCL sacks Bleasdale

14 March 2011

The boardroom drama following an investigation into alleged accounting irregularities continues at Healthcare Locums Plc (HLO:LSE), the specialist health and social care staffing firm.

HCL announced on Friday that as a result of its internal investigation into the accounting irregularities it has dismissed Kate Bleasdale as an employee of the company. On 23 February, Bleasdale resigned from HCL's Board of Directors but had nominally remained an employee until last week's announcement.

The internal process regarding CFO Diane Jarvis' involvement in such matters continues.

The company also announces that the audit of its financial results for the year to 31 December 2010 will commence next week and final results will be announced in due course. 

As of last trade, HCL's shares traded at 112.50 Pence, +29.31% above the 52 week low of 87 Pence set on 17 December 2010.