Medica Group PLC Issue of Equity (5940O)
01 Junio 2020 - 10:54AM
UK Regulatory
TIDMMGP
RNS Number : 5940O
Medica Group PLC
01 June 2020
1 June 2020
Medica Group Plc
Issue of Equity
Medica Group PLC (LSE:MGP, "Medica" or the "Company"), the UK
market leader in the provision of teleradiology services, has
allotted and issued 168,536 ordinary shares of 0.2 pence each in
the capital of the Company ("New Ordinary Shares"). The New
Ordinary Shares were issued to the trustee of the Company's
Employee Benefit Trust and will be used to satisfy awards and
options vesting in the Medica Group PLC Deferred Bonus Plan 2017,
and the Medica Group PLC Performance Share Plan 2017.
Applications have been made for admission of the New Ordinary
Shares to the premium listing segment of the Official List of the
Financial Conduct Authority of the United Kingdom (the "FCA") and
to trading on the London Stock Exchange plc's (the "London Stock
Exchange") main market for listed securities (together,
"Admission"). It is expected that Admission will become effective
and that dealings will commence in the New Ordinary Shares at 8.00
a.m. on 5 June 2020. The New Ordinary Shares will rank pari passu
with the existing ordinary shares in issue.
Following Admission, the Company will have 111,279,650 ordinary
shares in issue. There are no ordinary shares held in treasury.
Therefore, the Company hereby confirms that, following Admission,
the total number of voting rights in the Company will be
111,279,650. This figure may be used by shareholders as the
denominator for the calculations by which they will determine if
they are required to notify their interest in, or a change to their
interest in, the Company under the FCA's Disclosure Guidance and
Transparency Rules.
For further information, please contact:
Medica Group Plc:
Roy Davis, Chairman
Stuart Quin, Chief Executive
Officer +44 (0)33 33 111 222
Investec Bank Plc
Sara Hale
Daniel Adams +44 (0)20 7597 5970
FTI Consulting
Victoria Foster Mitchell
Robert Winder +44 (0)20 3727 1000
About MEDICA
MEDICA is the UK market leader in the provision of teleradiology
services, providing outsourced interpretation and reporting on MRI
(magnetic resonance imaging), CT (computerised tomography) and
plain film (x-ray) images. The Company currently offers three
primary services to hospital radiology departments: NightHawk, an
out-of-hours service, routine cross-sectional reporting on MRI and
CT scans, and routine plain film reporting on x-ray images.
MEDICA has developed a bespoke secure IT platform that provides
market-leading linkage between a hospital's Radiology Information
System (RIS) and Consultant Radiologists who contract with MEDICA.
Direct RIS access ensures that the full wider patient information
is available and reviewed with every report.
The Company contracts with the largest pool of consultant
radiologists outside of the NHS and has been trusted to provide
more than 1.3 million examinations annually across its customer
base of more than 100 NHS Trusts and various private hospital
groups and diagnostic imaging companies. For more information
please visit www.medicagroup.co.uk
About Teleradiology
Teleradiology is the electronic transmission of radiological
patient images, including plain film (x-rays), CT scans and MRI
scans, from one location to another for the purposes of diagnostic
interpretation and reporting.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
IOEUAVVRROUNRAR
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June 01, 2020 11:54 ET (15:54 GMT)
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