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Induction Healthcare (INHC)

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Thursday 19 September, 2019

Induction Healthcare

Result of AGM

RNS Number : 0121N
Induction Healthcare Group PLC
19 September 2019

19 September 2019


Induction Healthcare Group PLC


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


Result of Annual General Meeting


Induction Healthcare Group PLC, a leading healthcare technology company helping to streamline the delivery of care, today announces that at its Annual General Meeting, held today at 11.00, all resolutions put to the meeting were duly passed.


Induction's Chairman, Chris Spencer, informed the meeting that the Company was continuing to make good progress against its strategic objectives with the number of registered users now surpassing 100,000 (most of which are UK hospital doctors). No other new material information was disclosed at the meeting.







Induction Healthcare Group PLC

Ibs Mahmood, Chief Executive Officer


via FTI Consulting

Numis Securities (Nominated Adviser and Broker)

James Black / Freddie Barnfield / Huw Jeremy / Matthew Jones


+44 (0) 207 260 1000

FTI Consulting

Brett Pollard / Jamie Ricketts / Elena Kalinskaya / Sam Purewal

+44 (0) 203 727 1000



About Induction

Induction Healthcare Group PLC is a leading healthcare technology company focused on helping healthcare professionals to streamline the delivery of care. The Group's technology enables healthcare professionals to save time and deliver care more effectively and to identify ways to allocate resources more efficiently.


The Group is initially targeting improving the way healthcare professionals communicate with each other through its Induction Switch app that provides a telephone directory (allowing healthcare professionals to easily find extension telephone numbers), messaging and an administration portal (to share and view hospital guidelines), all in a secure and regulatory compliant setting.


As at 25 July 2019, the Induction Switch app had over 94,020 registered users, primarily in the UK. The registered user base grew by 18% from 31 March 2019 to 25 July 2019.


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