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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.

-Ends-

ENQUIRIES

 
 Induction Healthcare Group PLC                     via FTI Consulting 
  Ibs Mahmood, Chief Executive Officer 
 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.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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(END) Dow Jones Newswires

September 19, 2019 10:07 ET (14:07 GMT)

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