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Issue of Equity

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RNS Number : 0994X  Medica Group PLC  30 December 2021

30(th) December 2021

Medica Group Plc

 

Issue of Equity and Total Voting Rights and Capital

 

On 30 December 2021 Medica Group Plc (LSE:MGP, "Medica" or the "Company"),
issued 533 Ordinary shares of 0.2 pence each from its block listing
application that was announced on 5 July 2021.

 

The New Ordinary Shares have been used to satisfy options under the Company's
2018 Sharesave Scheme. The New Ordinary Shares will rank pari passu with the
Company's existing shares.

 

Following Admission and in accordance with Financial Conduct Authority's
Disclosure Guidance and Transparency Rules, Medica Group plc (the "Company")
announces that, as at 30 December 2021, the Company's issued share capital
consists of 122,428,836 ordinary shares of 0.2 pence each, all of which carry
one voting right per share. There are no ordinary shares held in Treasury.

 

The above 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:                        +44 (0)33 33 111 222

 Stuart Quin, Chief Executive Officer

 Richard Jones, Chief Financial Officer

 FTI Consulting                           +44 (0)20 3727 1000

 Victoria Foster Mitchell

 Sam Purewal

 

 Investec Bank plc (Joint Broker)  +44 (0)20 7597 5970

 Sara Hale

 Daniel Adams

 Virginia Bull

 Liberum (Joint Broker)            +44 (0)20 3100 2000

 Bidhi Bhoma

 Richard Lindley

 Euan Brown

 

 

About Medica Group PLC

 

Medica is the market leader in the UK and Ireland for the provision of
teleradiology services, providing outsourced interpretation and reporting of
MRI (magnetic resonance imaging), CT (computerised tomography), ultrasound and
plain film (x-ray) images. Medica also offers diabetic retinopathy screening
in Ireland.

 

Medica contracts with the largest pool of consultant radiologists in the UK
and Ireland, performing remote access teleradiology across its customer base
of more than 100 NHS Trusts in the UK, the Irish HSE, private hospital and
insurance groups, as well as diagnostic imaging companies. This enables the
Company to offer a fast, responsive service. In addition, Medica operates in
Australia and New Zealand through MedX, a 50:50 Joint Venture with Integral
Diagnostics Limited Pty.

 

The Company currently offers two primary services to hospital radiology
departments:

 

·      NightHawk - urgent reporting service

·      Elective - includes routine cross-sectional reporting on MRI and
CT scans, and routine plain film reporting on x-ray images.

 

These services are underpinned by Medica's bespoke, secure IT platform that
provides market-leading linkage between a hospital's Radiology Information
System (RIS) and consultant radiologists who contract with the Company. Direct
RIS access ensures that where the wider patient medical history is available,
it can be reviewed by the consultant as part of every report.

 

Through its subsidiary, RadMD, in the United States, Medica also provides
pharmaceutical and biotech clients and contract research organisations (CROs)
with high quality, complex imaging services for international clinical trials.
RadMD has gained vast experience in the space, having contributed to over 500
international clinical trials, in all phases of clinical research from proof
of concept to phase III and with expertise in oncology, as well as a wider
range of therapeutic areas including medical devices, neurology and
cardiovascular.

For more information please visit: www.medicagroupplc.com
(http://www.medicagroupplc.com/)

 

 

 

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