9 Jun 2016 07:00
PREMIER VETERINARY GROUP plc
("PVG" or "the Company")
PREMIER PET CARE PLAN LAUNCHED IN FRANCE AS PREMIER VETOPLAN
London, UK, 9 June 2016 - Premier Veterinary Group plc (LSE: PVG) announces that its preventative healthcare program for pets, branded "Premier Pet Care Plan" ("PPCP") in the UK, has been launched in France as Premier VetoPlan ("PVP") following the recent France Vet exhibition.
The first Business Development Manager and support training manager have been appointed and the initial primary focus will be on Paris and the Ile de France region that surrounds the capital. At the France Vet exhibition, the first contract for PVP was signed with a clinic in Toulouse in the south of the country.
The available market for preventative healthcare programs for pets across France is estimated at over 7 million dogs - similar to the UK - and over 11 million cats - more than 30% higher than the UK (Source: FACCO, France). There are approximately 6,000 veterinary practices in France.
Dominic Tonner, Chief Executive Officer of PVG, commented:
"Following our successful rollout of PPCP in the Netherlands, we have been reviewing the market opportunity in several other major European territories. We have now launched a bespoke preventative healthcare program for France where we see an exciting opportunity for rapid growth."
For further information, please contact:
Premier Veterinary Group plc Tel: +44 (0)117 970 4130
Dominic Tonner, Chief Executive Officer
Daniel Smith, Chief Financial Officer
Square1 Consulting Tel: +44 (0)207 929 5599
David Bick/Brian Alexander
Note to Editors:
PVG's services to third party veterinary practices, through its wholly-owned subsidiary Premier Vet Alliance Limited ("PVA"), include the administration and support of a preventative healthcare program for pets branded "Premier Pet Care Plan"; and the operation of a buying group (the "PVA Buying Group") in the UK and Ireland, which offers enhanced discounts to member practices on pharmaceutical and consumable spending. In the US, Premier Pet Care Plan is marketed through the Company's wholly-owned subsidiary, Premier Vet Alliance (US) Limited.
Premier Pet Care Plan is a structured, preventative healthcare program for cats, dogs and rabbits and is available only through veterinary practices. The program is seen as a way of providing gold standard care for pets at an affordable price for the client, by way of fixed monthly payments.
Premier Pet Care Plan uses a clinical approach to prevention, as this is the most effective method of ensuring illnesses are diagnosed more quickly and not given a chance to advance. What truly sets Premier Pet Care Plan apart is its unique approach of offering an end-to-end solution and support to the practice, which has been proven to work extremely well. PVA works alongside practices to create a tailor-made, cost-effective service for clients, one that delivers excellent care to their patients and significantly improves practice performance.
The PVA Buying Group, is now the UK's largest veterinary buying group without group interests in veterinary practices or veterinary wholesalers offering its members the best discounts across the industry on pharmaceutical and consumable spend.
For further details: http://www.premiervetalliance.co.uk/
This announcement includes "forward-looking statements" which include all statements other than statements of historical facts, including, without limitation, those regarding the Company's financial position, business strategy, plans and objectives of management for future operations, and any statements preceded by, followed by or that include forward-looking terminology such as the words "targets", "believes", "estimates", "expects", "aims", "intends", "will", "can", "may", "anticipates", "would", "should", "could" or similar expressions or the negative thereof. Such forward-looking statements involve known and unknown risks, uncertainties and other important factors beyond the Company's control that could cause the actual results, performance or achievements of the Company to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements. Such forward-looking statements are based on numerous assumptions regarding the Company's present and future business strategies and the environment in which the Company will operate in the future. These forward-looking statements speak only as at the date of this announcement. The Company expressly disclaims any obligation or undertaking to disseminate any updates or revisions to any forward-looking statements contained in this announcement to reflect any change in the Company's expectations with regard thereto or any change in events, conditions or circumstances on which any such statements are based. As a result of these factors, readers are cautioned not to rely on any forward-looking statement.