Publication of Circular

RNS Number : 5374N

Induction Healthcare Group PLC

20 May 2020

 

20 May 2020

Induction Healthcare Group PLC

("Induction", the "Company" or the "Group")

Publication of Circular

Induction, a leading healthcare technology company that helps healthcare professionals deliver better care more efficiently, announces that, further to the Company's announcement yesterday in relation to the proposed acquisition of Zesty Limited ("Zesty"), a shareholder circular relating to the transaction (the "Circular") has now been posted to the Company's shareholders. The Circular contains further details on the proposed transaction and the Notice of General Meeting.

Availability of the Circular

A copy of the Circular is now available for inspection on the Company's website (www.InductionHealthcare.com). Further copies of the Circular can be made available by contacting the Company Secretary up until and including the date of the General Meeting of the Company.  

Notice of General meeting

The issue of the New Ordinary Shares (and therefore completion of the Acquisition) is conditional upon the approval by the Company's Shareholders of the shareholder resolutions to be proposed at the general meeting of the Company, which is being held at Glebe Cottage, Sandhutton, Thirsk YO7 4RW at 9.00 a.m. BST on 5 June 2020.

ENQUIRIES

Induction Healthcare
Dr Hugo Stephenson, Chief Executive Officer Ibs Mahmood, Chief Business Officer	Via FTI Consulting
Numis Securities (Nominated Adviser and Broker)	[phone]
James Black / Freddie Barnfield / Huw Jeremy / Matthew Jones
FTI Consulting	[phone]
Jamie Ricketts / Elena Kalinskaya / Sam Purewal / Mary Whittow

About Induction

Induction Healthcare Group PLC is a leading healthcare technology company that helps healthcare professionals deliver better care more efficiently. T he Group has two platforms, Induction and MicroGuide, that support healthcare professionals in multiple markets, including UK, Ireland, Australia and South Africa. Induction is the number one healthcare collaboration app in the UK. The app helps over 140,000 users - mostly doctors - to increase productivity and enhance communication by securely sharing phone numbers and bleeps, bookmarks, documents and messages in a clinical setting. The MicroGuide platform provides medical organisations with the ability to collaboratively create, edit, and publish their own local medical guidelines in a secure and locally administrated environment. The Induction app is used by the majority of hospital doctors within the NHS. The MicroGuide platform is used by the majority of trusts within the NHS. 

As at 1 May 2020, the Induction app had 140,819 registered users, primarily in the UK. The registered user base grew by 67.2% from 1 May 2019 to 1 May 2020.

As at 1 May 2020, the MicroGuide app had 173,196 registered users, primarily in the UK. The registered user base grew by 36.2% from 1 May 2019 to 1 May 2020.

 

END

 

 

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