Medica Group PLC Non-executive Director Change (0282L)
20 December 2018 - 6:00PM
UK Regulatory
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RNS Number : 0282L
Medica Group PLC
20 December 2018
20 December 2018
Medica Group Plc
Non-executive Director Change
Medica Group Plc (LSE:MGP, "Medica" or the "Company"), the UK
market leader in the provision of teleradiology services, today
announces that Anand Jain has notified the Board of his intention
to stand down as a Non-Executive Director with effect from 31
December 2018. Anand joined the Medica Group Board in May 2013 and
has supported the business in formulating and executing its
strategy, including the Company's transition to a publicly listed
company, as well as being a member of the Company's Nomination
committee. He is a partner in CBPE Capital and a member of its
investment committee.
Roy Davis, Chairman, commented:
"On behalf of the Board and the Company, I would like to thank
Anand for his valuable contribution to the corporate stewardship
and growth of Medica Group while under CBPE's private ownership and
in supporting the transition of the business to becoming a public
company with an exciting future ahead of it. We wish him the very
best for the future."
Anand Jain added:
"I have enjoyed working with the Medica team over the past five
years and am proud to have been a part of such a high growth
company. I believe it is the right time for me to step away from my
duties as a Non-Executive Director. Medica is the clear UK market
leader in an attractive and high growth market and I wish the
Company every success in what should be a very bright future."
Enquiries:
Medica Group: +44 (0)33 33 111 222
Roy Davis, Chairman
John Graham, Chief Executive Officer
Investec Bank plc +44 (0)20 7597 5970
Sara Hale
Daniel Adams
FTI Consulting +44 (0)20 3727 1000
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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END
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