Picture of Optima Health logo

OPT Optima Health News Story

0.000.00%
gb flag iconLast trade - 00:00
HealthcareSpeculativeSmall CapNeutral

REG - Optima Health PLC - Optima to deliver services to UK Armed Forces

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250206:nRSF2399Wa&default-theme=true

RNS Number : 2399W  Optima Health PLC  06 February 2025

The information contained within this announcement is deemed by the Company to
constitute inside information as stipulated under the Market Abuse Regulations
(EU) No. 596/2014 as amended by regulation 11 of the Market Abuse (Amendment)
(EU Exit) Regulations 2019/310. Upon the publication of this announcement via
Regulatory Information Service, this inside information is now considered to
be in the public domain.

 

 

Optima Health plc

("Optima", the "Company", and, together with its subsidiaries, the "Group")

 

Optima Health to deliver medical services to the UK's Armed Forces partnered
with Serco

 

·    Optima Health to deliver medical services to the UK's Armed Forces
partnered with Serco and their specialist delivery partners in support of the
Armed Forces Recruitment Service

 

LONDON, UK, 6 February 2025, Optima Health (AIM: OPT), the UK's leading
provider of technology enabled corporate health and wellbeing solutions, today
announces that Serco, the international provider of critical government
services, has been selected by the UK Ministry of Defence as its partner to
provide recruitment services for the UK's Armed Forces, a joint recruitment
service including the Royal Navy, the British Army, and the Royal Air Force
(the "Contract"). This Contract was tendered as a consortium 'TEAM Serco' of
specialist delivery partners, with Optima Health being the exclusive medical
assessments provider.

The AFRS contract, which is expected to be signed in the coming days, will be
for seven years, plus options for a further three one-year extensions.  The
component subcontracted to Optima Health has an estimated value of £210m over
the initial seven-year term and £290m if all the options to extend the
contract are exercised. A 21-month mobilisation period is expected to begin in
April 2025 with the new service commencing in early 2027.

Under the Contract, Optima will provide medical assessment services in support
of the end-to-end solution delivered by TEAM Serco, from candidate attraction,
through to assessment and enlistment and into initial training.

 

Jonathan Thomas, Chief Executive Officer of Optima Health, said: "We are
delighted to be selected as part of TEAM Serco to deliver recruitment services
for the UK's Armed Forces.

 

Optima Health brings specialist medical expertise and extensive track record
of delivering government services at scale and to a high quality.  By
partnering with Serco and TEAM Serco specialist delivery partners, we believe
we have a compelling solution which will modernise and transform Armed Forces
recruitment.

 

The award of this contract is an exciting milestone aligned with our overall
strategy of growing our industry leading medical solutions on a broader
scale."

 

About AFRS

The Armed Forces Recruitment Service (AFRS) is a partnership between the
Ministry of Defence and TEAM Serco, collaborating to achieve the right quality
and quantity of recruits (regular and reserve forces) into Phase 1 training to
achieve the workforce demands of each of the armed services.

 

The principal members of Team Serco are:

·    Serco - will be responsible for integration of all programme
activities to be undertaken and will lead on transition from the current
recruitment arrangements, providing career advice, a new contact centre, asset
and fleet management, and estate management.

·    Pegasystems - specialises in enterprise transformation and platform
solutions, empowering leading organisations worldwide. They are the current
provider of the Recruiting Information Technology System for the Royal Air
Force and Royal Navy. By leveraging intelligent automation and insights, Pega
has revolutionised and automated various stages of the recruitment process,
modernising and improving the candidate experience.

·    Adecco - With a presence in 60 countries, Adecco is a global leader
in workforce solutions, supporting 3.5 million careers daily. It has provided
innovative recruitment services to the UK public sector for over 30 years and
is the appointed prime partner of the tri-Service Australian Defence Force
Recruiting contract.

·    Akkodis - As Adecco's in-house technology business, Akkodis
specialises in Talent Management Digital Solutions, with 20+ years supporting
the UK Ministry of Defence.

·    TMP - the largest UK recruitment marketing agency, with over 80
industry awards for creativity and effectiveness. Their attraction and
awareness campaigns utilise 1,200 media channels to recruit hard to fill roles
across the public and private sector, plus the early careers space.

·    Optima Health - the UK's leading provider of employee health
assessments, supporting over 10% of the entire UK working population. With a
team of over 1,600 employees, including over 800 clinicians, they deliver over
a million clinical assessments each year throughout the UK, including at over
50 clinics.

·    PA Consulting - works across the defence and security ecosystem,
helping it to innovate and transform. Their people are experienced industry
professionals and leaders in building innovative systems and solutions, using
their experience and relationships to challenge conventional thinking, foster
ingenuity and deliver rapid results.

·    Military Preparation College for Training- MPCT is a leading provider
of vocational education and training for people aged 16+ in the UK. With a
focus on fitness, vocational qualifications, and employability skills, MPCT
prepares learners for rewarding careers in the Armed Forces or uniformed
services.

 

 

Enquiries

 

 Optima Health                                       +44(0)3300085113

 Jonathan Thomas, CEO                                media@OptimaHealth.co.uk

 Heidi Giles, CFO

 Nominated Adviser and Corporate Broker

 Panmure Liberum Limited                             +44 (0)20 3100 2000

 Emma Earl / Will Goode / Mark Rogers

 Rupert Dearden

 UK Financial PR Adviser                             optimahealth@icrinc.com

 ICR Healthcare

 Mary-Jane Elliott / Angela Gray / Lindsey Neville

 

 

About Optima Health

Optima Health is the UK's leading provider of occupational health and
wellbeing services, directly influencing and improving people's lives for 25
years. Optima Health's incredible team of professionals quickly and
effectively encapsulate client's needs, supporting organisations of all shapes
and sizes. Through tailored solutions and innovative systems, Optima Health
offers unparalleled clinical expertise to its clients. These solutions ensure
that processes are simple and allow its clients to spend more time focusing on
their employees driving a healthy, high-performing workplace. For more
information visit www.optima health.co.uk

 

 

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 (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  MSCPKABDABKDQBK

Recent news on Optima Health

See all news