Totally PLC Capital Reduction Effective (2850I)
26 August 2016 - 11:44PM
UK Regulatory
TIDMTLY
RNS Number : 2850I
Totally PLC
26 August 2016
26 August 2016
Totally plc ("Totally", "the Company" or the "Group")
Capital Reduction Effective
Totally plc (AIM: TLY), the provider of a range of
out-of-hospital services to the healthcare sector in the UK, is
pleased to announce that the High Court has approved the
cancellation of the balance standing to the credit of the Company's
share premium account (the "Capital Reduction"). Following approval
by shareholders, the approval of the High Court and the subsequent
registration of the Court order with the Registrar of Companies,
the Capital Reduction has now become effective. As a consequence of
the Capital Reduction GBP9.61 million standing to the credit of the
Company's share premium account has been cancelled thereby creating
distributable reserves.
The Capital Reduction has no effect on the overall net asset
position of the Company.
Details of the Capital Reduction proposals were contained in the
notice of general meeting dated 16 June 2016 and were approved by
shareholders at the general meeting held on 11 July 2016.
ENDS
Contacts
Totally Plc 020 3866 3335
Wendy Lawrence, Chief Executive
Bob Holt, Chairman
Allenby Capital Limited (Nominated
Adviser & Broker) 020 3328 5656
Nick Athanas
Nick Naylor
Alex Brearley
Yellow Jersey PR
Felicity Winkles 0203 735 8828
Joe Burgess 0203 735 8918
Josh Cole 0203 735 8824
Notes to Editors
Totally plc is focused on becoming the UK's leading provider of
out of hospital care in community settings, GP surgeries and
patients' homes, from diagnosis through to discharge. The Company
is currently engaged in delivering its 'buy and build' expansion
strategy, adding to the range of services provided by the Group
through working with organisations that share its vision. By
working to deliver sustainable self-care management and education,
Totally's goal is to reduce healthcare reliance, re-admissions and
emergency admissions.
Totally, via its subsidiaries, currently operates contracts with
NHS England, several CCGs and other public and private sector
organisations across England, delivering a wide range of healthcare
services.
http://www.totallyplc.com/
Totally Health, a wholly owned subsidiary of Totally plc,
provides an innovative model of medically driven, and personalised
Clinical Health Coaching to help support patients with long-term
health conditions, improve outcomes and reduce healthcare costs.
The service delivers sustainable behavioural changes, enabling
patients to be educated and confident to self-manage their
conditions. This in turn aids long-term behavioural change and
reduces healthcare reliance, re-admissions and emergency
admissions. Totally Health provides the leading Clinical Health
Coaching service in England to NHS patients via a number of
programmes commissioned by CCGs, using a model that complements and
supports existing health care pathways.
www.totallyhealth.com
Premier Physical Healthcare Limited, a wholly owned subsidiary
of Totally plc, provides a comprehensive range of treatments and
advice for musculoskeletal injuries and conditions. They deliver
physiotherapy and podiatry to NHS patients. Premier also has
contracts with various police forces and prison sites; as well as
providing occupational health and ergonomic services to corporate
clients, such as display screen equipment assessments; post-injury
returns to work suitability assessments; podiatry treatment; and
sports massage services. The business also has a network of clinics
located in health and fitness centres. Totally completed the
acquisition of Premier Physical Healthcare Limited on 1 April
2016.
www.premierphysicalhealthcare.co.uk
Totally plc's other operating businesses include:
My Clinical Coach is a new direct-to-consumer health-coaching
service for people with long-term health conditions. Individuals or
their families can choose to subscribe to the service, which is a
personal, professional, clinically-focused and patient-centered
service, tailored for each individual. The service was initially
launched in early 2016 with the second phase launch taking place at
the end of June 2016. Totally Health operates my Clinical
Coach.
www.myclinicalcoach.com
About Health Limited, a wholly owned subsidiary of Totally plc,
has been providing community based health services under contract
to the NHS since 2009 and the company is CQC registered. They
provide community dermatology services to 18 clinics across
Lancashire, Dorset and Hampshire. From 2013 to 2015 About Health
was shortlisted for the Primary/Community Care Provider of the Year
award at the annual Health Investor Awards. About Health is
headquartered in Blackburn, Lancashire. Totally completed the
acquisition of About Health Limited on 15 June 2016.
http://abouthealthgroup.com/
This information is provided by RNS
The company news service from the London Stock Exchange
END
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