Inspiration Healthcare Group PLC Inspiration wins AIM Transaction of the Year Award
01 Diciembre 2020 - 07:16AM
RNS Non-Regulatory
TIDMIHC
Inspiration Healthcare Group PLC
01 December 2020
Inspiration Healthcare Group plc
("Inspiration Healthcare", the "Company" or the "Group")
Inspiration Healthcare wins AIM Transaction of the Year
Award
Inspiration Healthcare Group plc (AIM: IHC), the global medical
technology company, is pleased to announce that it has won the AIM
Transaction of the Year.
In June 2020, Inspiration Healthcare announced the acquisition
of S.L.E. Limited for a consideration of GBP18.0 million which was
raised by way of a Placing and Open Offer to certain institutional
and individual investors by Cenkos Securities. S.L.E. is a leader
in the design and manufacture of ventilators and capital equipment
for neonatal intensive care, treating premature and sick babies.
S.L.E.'s products are sold across the world through a distribution
network built over many years.
The AIM awards 2020 are sponsored by BDO, in association with
the London Stock Exchange Group and have been held each year for
the last 25 years to celebrate the outstanding achievements of
companies on the world's most successful growth market. The Awards
identify the quoted companies and entrepreneurs who have harnessed
AIM to help them fulfil their ambition and growth potential in the
last twelve months.
Neil Campbell, Chief Executive Officer, commented: "We are
delighted to have won AIM Transaction of the Year 2020. We knew
that there was a strong commercial and strategic fit with the
acquisition of SLE, bringing two British leaders together to
improve the outcomes of premature and sick babies around the world
and this award recognises those thoughts. Doing such a
transformational transaction, effectively doubling the size of the
company, during lockdown whilst maintaining supply of critical care
medical products around the world shows what can be done. We look
forward to making the enlarged Group an even greater success
story."
Enquiries:
Inspiration Healthcare Group plc Tel: 01455 840555
Neil Campbell, Chief Executive Officer
Jon Ballard, Chief Financial Officer
Nominated Adviser & Broker Tel: 0207 397 8900
Cenkos Securities plc
Mark Connelly
Stephen Keys
-------------------
Cadogan PR Tel: 07771 713608
Alex Walters
alex.walters@cadoganpr.com
-------------------
About Inspiration Healthcare http://www.inspiration-healthcare.com
Inspiration Healthcare (AIM: IHC) is a global provider of
medical technology for use in critical care & operating
theatres. The Company provides high-quality, innovative products to
patients around the world which help to improve patient outcomes,
and it actively invests in innovative product opportunities and
disruptive technologies.
Through investment in research and development the Company has
six key own-brand products that can be used within the first 6
hours of life to help premature and sick babies; helping with
assessment, resuscitation, stabilisation as well as preventing
brain damage. Additionally, the Company has a range of products for
maintaining normothermia pre- during and post-surgery.
In September 2019, the Company acquired Vio Holdings a designer,
manufacturer and supplier of single-use respiratory products and
sterile medical consumables for GBP4 million and in June 2020 the
Company acquired SLE, a leading global provider of neonatal
ventilation products for GBP18 million. Over 90% of SLE's revenues
are generated from sales outside of the UK with a significant
proportion of these in the Asia Pacific and the Middle East. When
combined, the Group generates approximately 60 per cent. of its
revenue from exports.
With product availability extending to over 50 countries through
a distribution network, Inspiration Healthcare's success has been
built on continuous innovation, excellent customer service and an
inherent commitment to improving patient outcomes, working in close
collaboration with key opinion leaders across the globe.
In the U.K. and Ireland, the Company has a direct sales team
selling Inspiration Healthcare Branded and complementary products
from third parties, with an additional range of home healthcare
products. This is supported by Technical Support for planned
preventative maintenance and emergency assistance.
Further information on Inspiration Healthcare can be seen at www.inspiration-healthcare.com
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December 01, 2020 08:16 ET (13:16 GMT)
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