TIDMTLY
RNS Number : 2872W
Totally PLC
08 February 2017
Dissemination of a Regulatory Announcement that contains inside
information according to REGULATION (EU) No 596/2014 (MAR).
8 February 2017
Totally plc ("Totally", "the Company" or the "Group")
Trading Update
Progress made as Totally continues to build itself into a
leading out of hospital healthcare service provider in the UK
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 following the end of the Company's
financial year on 31 December 2016, the Board anticipates that the
Company's full year results, which are still subject to external
audit, are expected to be marginally ahead of current market
expectations. Based on unaudited management accounts Group revenues
for the 12 months ending 31 December 2016 are expected to be no
less than GBP3.7m.
Having made three acquisitions in the healthcare services sector
over 2016 worth a total maximum consideration of up to GBP15.1m,
and secured new and renewed contracts with a value in excess of
GBP1.7m per annum in revenues, the Board believes that Totally is
making strides in its goal of being the leading provider of out of
hospital care in the UK. The Board is also pleased to confirm that
the Company has made a positive start to the new financial year
with its five subsidiary businesses continuing to secure new
business and renew existing contracts with both the NHS England and
private sector organisations.
In addition, the Company continues to execute on its 'buy and
build' strategy as it seeks further acquisition opportunities that
complement its offering, focused on the UK outsourced healthcare
services market, which has been estimated by the Centre for Health
and the Public Interest in 2015 to be worth in excess of GBP20
billion per year.
Wendy Lawrence, CEO of Totally, said, "We are delighted to
update the market on the progress that Totally is making as it
continues to build itself towards becoming the leading out of
hospital healthcare service provider in the UK, helping to address
some of the biggest challenges the UK faces in terms of healthcare.
With three acquisitions successfully executed and integrated in
2016 and revenues already secured, we have laid the foundations for
further growth in 2017, as we look to be the consolidator in a
fragmented healthcare market and capitalise on the attractive
opportunities that our disruptive, outcome-based, outsourced
healthcare service model offers."
ENDS
For further information please contact:
020 3866
Totally plc 3335
Wendy Lawrence, Chief Executive
Bob Holt, Chairman
Allenby Capital Limited (Nominated 020 3328
Adviser & Joint Broker) 5656
Nick Athanas
Nick Naylor
Alex Brearley
020 7397
Cenkos Securities plc (Joint Broker) 8900
Alex Aylen - Sales
Bobbie Hilliam - Corporate Finance
0776 932
Yellow Jersey PR 5254
Felicity Winkles
Joe Burgess
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.
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. It delivers
physiotherapy and podiatry to NHS patients and was awarded ISO27001
accreditation in November 2016. 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
My Clinical Coach is a 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 and full launch took place in August 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.
www.abouthealthgroup.com
Optimum Sports Performance Centre Limited, a wholly owned
subsidiary of Totally plc, provides physiotherapy services in 24
towns across 10 counties in the UK. The ethos of the Company is to
seek to over deliver on its services to allow its customers to get
the best treatment pathway available. To underpin this philosophy,
Optimum became one of the first physiotherapy providers in the UK
to obtain ISO9001:2008 certification in 2013.
Optimum has a talented team of physiotherapists, strength and
conditioning coaches and rehabilitation specialists to assist
clients both in injury recovery and in training to prevent injuries
occurring. Totally completed the acquisition of Optimum Sports
Performance Centre Limited on 14 November 2016.
www.optimumsportsperformance.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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