8 Apr 2020 07:00
Medica Group PLC
Director / PDMR Shareholding
Medica Group PLC (the "Company") announces that on 7 April 2020 Kevin Terrins, Director of Business Development, purchased 48,774 ordinary shares of 0.2p each ("Ordinary Shares") at a price of 102p in the Company.
Following these transactions, Kevin Terrins is interested in 1,595,166 Ordinary Shares, representing 1.44% of the Company's current issued share capital.
The notifications set out below are provided in accordance with the requirements of the EU Market Abuse Regulation and set out more details of the transactions.
1. | Details of PDMR | |||||
(a) | Name | 1. Kevin Terrins
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2. | Reason for notification | |||||
(b) | Position / status | 1. Director of Business Development
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(c) | Initial notification / amendment | Initial notification | ||||
3. | Details of the Issuer | |||||
(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 transaction(s) have been conducted | |||||
(a) | Description of the financial instrument | Ordinary shares of 0.2p each in the capital of the Company ("Shares") | ||||
(b) | Nature of the transaction | Acquisition of Ordinary Shares | ||||
(c) | Price(s) and volume |
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(d) | Aggregated information - Aggregated volume - Price
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(e) | Date of the transaction | 7 April 2020 | ||||
(f) | Place of the transaction | Outside a trading venue | ||||
-ENDS-
For further details contact:
Medica Group: | +44 (0)33 33 111 222 |
Stuart Quin, Chief Executive Officer |
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Tony Lee, Chief Financial Officer |
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FTI Consulting | +44 (0)20 3727 1000 |
Victoria Foster Mitchell |
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Robert Winder |
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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 hospitals 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.