RCS - Frenkel Topping Grp - FEN announces New Major Trauma Centre

Frenkel ToppingAnnouncement

06/07/2023 07:00

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RNS Number : 1043F  Frenkel Topping Group PLC  06 July 2023

REACH

Frenkel Topping Group plc

("Frenkel Topping" or "the Company" or "the Group")

 

Frenkel Topping Announces Partnership with New Major Trauma Centre via
Cardinal Management Limited

 

Frenkel Topping Group (AIM: FEN), a specialist professional and financial
services firm operating in the Personal Injury (PI) Clinical Negligence (CN)
space, is delighted to announce that Cardinal Management Limited ("Cardinal")
has agreed a partnership with a new major trauma centre, John Radcliffe
Hospital, run by Oxford University Hospitals NHS Foundation Trust, following a
lengthy period of engagement. This takes the total number of major trauma
centres to ten, including two new sites in the first half of this financial
year.

Frenkel Topping acquired Cardinal in January 2022, enabling the Group to
provide a clear and direct link to claimants and their professional
representatives, at the earliest stage possible after serious injury or
illness. This in turn introduces the portfolio of FTG services in a relevant
and timely way to its clients in the PI and CN litigation space as well as
claimants themselves.

Over the last seven years the Major Trauma Signposting Partnership delivered
by Cardinal, has helped more than 8,000 patients at NHS Major Trauma Centres.
Cardinal is pleased to have added the Major Trauma Centre at John Radcliffe
Hospital, enabling the complex welfare support to reach a greater number of
patients.

The Company is pleased to see the performance of Cardinal and the continued
momentum in winning new trauma centres. As a result, the Group's number of
successful claims and cases coming to settlement will increase, in turn
driving further growth in AUM. Cardinal is in discussions with a number of
other Major Trauma Centres about the possible introduction of its services.
The Company will update shareholders as appropriate.

Andrew Pemberton, Managing Director of Cardinal, said:

"We are delighted that such a prestigious hospital as the John Radcliffe has
chosen Cardinal to help support their patients. Our team is looking forward to
getting going as quickly as we can so that patients can start getting access
to bedside welfare advice and support."

Richard Fraser, CEO of Frenkel Topping, said:

"The new partnership with John Radcliffe hospital, the second in as many
months, is testament to the hard work and dedication from Andrew and his team
at Cardinal. With such a rigorous due diligence process, this achievement
demonstrates our team's expertise and capabilities showcases the strength of
our business. We recognise the contributions made by each member involved in
this success.

Bringing the number of partnerships to 10 across the nation, this allows us to
extend our reach to support even more patients immediately after traumatic
injury, through support from the Cardinal team and their partnership with the
Frenkel Topping Charitable Foundation."

 

For further information:

 Frenkel Topping Group plc                                      www.frenkeltoppinggroup.co.uk (http://www.frenkeltoppinggroup.co.uk/)
 Richard Fraser, Chief Executive Officer                        Tel: 0161 886 8000

 finnCap Ltd                                                    Tel: 020 7220 0500
 Carl Holmes/Abigail Kelly/Milesh Hindocha (Corporate Finance)

 Tim Redfern / Charlotte Sutcliffe (ECM)

 

About Frenkel Topping Group

The Frenkel Topping Group of companies specialises in providing financial
advice and asset protection services to clients at times of financial
vulnerability, with particular expertise in the field of personal injury (PI)
and clinical negligence (CN).

For more than 30 years the Group has worked with legal professionals and
injured clients themselves to provide pre-settlement, at-settlement and
post-settlement services to help achieve the best long-term outcomes for
clients after injury. It boasts a client retention rate of 99%.

Frenkel Topping Group is focused on consolidating the fragmented PI and CN
space in order to provide the most comprehensive suite of services to clients
and deliver a best-in-class service offering from immediately after injury or
illness and for the rest of their lives.

The group's services include the Major Trauma Signposting Partnership service
inside NHS Major Trauma Centres, expert witness, costs, tax and forensic
accountancy, independent financial advice, investment management, and care and
case management.

The Group's discretionary fund manager, Ascencia, manages financial
portfolios for clients in unique circumstances, often who have received a
financial settlement after litigation. In recent years Ascencia has
diversified its portfolios to include a Sharia-law-compliant portfolio and a
number of ESG portfolios in response to increased interest in socially
responsible investing (SRI).

Frenkel Topping has earned a reputation for commercial astuteness underpinned
by a strong moral obligation to its clients, employees and wider society, with
a continued focus on its Environmental, Social and Governance (ESG) impact.

For more information visit:      www.frenkeltoppinggroup.co.uk
(https://protect-eu.mimecast.com/s/WNCMCR1EKSxDwoTNKWD-?domain=frenkeltoppinggroup.co.uk)

 

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