News: PHG Pulse Health clarifies on speculation over corporate activity

July 25 (Reuters) - Pulse Health Ltd (PHG) :

• Speculation of corporate activity (PHG)
• Notes the article in the Australian Financial Review on Friday 22 July 2016
• Article indicating that interests associated with Ben Thynne And Andrew

  Savage acquired between 10 percent and 11 per cent of the shares in Pulse

• "Pulse understands this to be correct"
• Received confidential indicative proposals and expressions of interest from

  other parties relating to acquisition of control of Pulse

• Board has not pursued confidential proposals and expressions of interest

  further

• Says confidential proposals and expressions of interest "fundamentally

  undervalued Pulse"

• "Shareholders are advised to take no action in response to the media

  speculation"