Director/PDMR Shareholding

RNS Number : 6173B

Medica Group PLC

21 September 2018

 

21 September 2018

Medica Group Plc

Notification and Public Disclosure of Transactions by Persons Discharging Managerial Responsibilities and Persons Closely Associated with Them

Medica Group Plc (LSE: MGP, "Medica" or the "Company"), the UK market leader in the provision of teleradiology services, received notification from Mr John Graham, Chief Executive Officer of Medica, that on 21 September 2018 he sold a total of 1,350,000 ordinary shares of 0.2p in the Company ("Shares") at an average price of £1.5662 per share.

Following this transaction, John Graham continues to hold 2,258,248 shares, representing aproximately 2% of the issued share capital of the Company.

The Notification of Dealing Form for Mr John Graham can be found below.

This notification is made in accordance with the Market Abuse Regulation.

Notification and public disclosure of transactions by persons discharging managerial

responsibilities and persons closely associated with them.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	JOHN GRAHAM
2	Reason for the notification
a)	Position/status	DIRECTOR
b)	Initial notification /Amendment	INITIAL
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	MEDICA GROUP PLC
b)	LEI	213800B8XE5FUSZF5Z16
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument	Ordinary shares of 0.2p
	Identification code	GB00BYV24996
b)	Nature of the transaction	Market sale
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			1.566211	1,350,000
d)	Aggregated information
	- Aggregated volume	1,350,000
	- Price	£1.5662 £2,114,385
e)	Date of the transaction	21 September 2018
f)	Place of the transaction	XLON

Enquiries:

Medica Group:	[phone]
Tony Lee, Chief Financial Officer
Investec Bank plc	[phone]
Sara Hale Daniel Adams
Henry Reast Edward Thomas David Herring
FTI Consulting	[phone]
Brett Pollard
Ben Atwell
Victoria Foster Mitchell
Robert Winder

About Medica

Medica is the UK market leader by revenue in the provision of teleradiology services, providing outsourced interpretation and reporting on MRI (magnetic resonance imaging), CT (computerised tomography) and plain film (x-ray) images. The Company currently offers three primary services to hospital radiology departments: NightHawk, an out-of-hours service, routine cross-sectional (Routine CS) reporting on MRI and CT scans, and routine plain film (Routine PF) reporting on x-ray images.

Medica has developed a bespoke secure IT platform that provides market-leading linkage between a hospital's Radiology Information System (RIS) and Consultant Radiologists who contract with Medica. Direct RIS access ensures that the full wider patient information is available and reviewed with every report. 

The Company contracts with the largest pool of consultant radiologists outside of the NHS and has been trusted to provide more than 1.5 million examinations annually across its customer base of more than 100 NHS Trusts and various private hospital groups and diagnostic imaging companies. For more information please visit www.medicagroup.co.uk 

About teleradiology

Teleradiology is the electronic transmission of radiological patient images, including plain film (x-rays), CT scans and MRI scans, from one location to another for the purposes of diagnostic interpretation and reporting.

 

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