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8-K - FORM 8-K - ModivCare Incprsc20151214_8k.htm

Exhibit 99.1

 

 

 

 

 

AT THE COMPANY      

AT CAMERON ASSOCIATES

David Shackelton – Chief Financial Officer   

Alison Ziegler     212/554-5469

520/747-6600 

 

          

 

FOR IMMEDIATE RELEASE

 

The Providence Service Corporation Declares Dividend on Convertible Preferred Stock

 

TUCSON, ARIZONA December 14, 2015 -- The Providence Service Corporation (Nasdaq: PRSC) (the “Company”), today announced that its Board of Directors has declared a cash dividend on its 5.5%/8.5% Series A convertible preferred stock. The dividend is payable on January 1, 2016 to holders of record as of 5:00 p.m. New York City time on December 15, 2015. The dividend will be paid at a rate of 5.5% per annum, which is equal to approximately $1.38630 per share of convertible preferred stock.

 

About Providence

The Providence Service Corporation provides and manages multiple healthcare and social services, comprised of non-emergency transportation services, workforce development services, legal offender rehabilitation services, and health assessment services in the United States and abroad. For more information, please visit prscholdings.com.

 

 

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