Totally PLC AGM Statement (0350L)
01 September 2023 - 4:00PM
UK Regulatory
TIDMTLY
RNS Number : 0350L
Totally PLC
01 September 2023
1 September 2023
Totally plc
("Totally", "the Company" or "the Group")
AGM Statement
Totally plc (AIM: TLY), a leading provider of frontline
healthcare services, corporate fitness and wellbeing services
across the UK and Ireland, will hold its Annual General Meeting at
10.00 a.m. today at the Company's registered office address,
Cardinal Square West, 10 Nottingham Road, Derby DE1 3QT.
Chairman Bob Holt will make the following statement:
"We continue to work within a challenging operating environment
alongside the NHS in crisis. The cost of agency staff required to
deliver safe services for patients exceeds our anticipated
forecasts and many decisions related to the awarding of new
contracts are currently on hold.
"Our ongoing commitment remains centred on delivering excellent
care for patients and commissioners and delivering returns for our
shareholders, while simultaneously maintaining services which
continue to be rated "Good" by the CQC. In addition to this, we are
actively implementing strategies to streamline our operations and
to align them with a smaller overhead base which more readily
reflects the current contract requirement.
"The Board remains confident in the medium to long term
prospects of the business and will ensure that future contract
opportunities continue to be pursued and all contracts are managed
effectively to support the achievement of Totally's goals. The
Board's outlook for the current financial year remains consistent
with that communicated alongside the full year results of the
Company in July 2023.
"I would like to thank all our shareholders for their continued
support."
For further information please contact:
Totally plc
Wendy Lawrence, Chief Executive Officer
Bob Holt, Chairman 020 3866 3330
Canaccord Genuity Limited (Nominated Adviser
& Joint Corporate Broker)
Bobbie Hilliam / Harry Rees 020 7523 8000
Singer Capital Markets (Joint Corporate Broker)
Aubrey Powell / Sam Butcher 020 7496 3000
Yellow Jersey PR
Sarah Hollins / Annabelle Wills / Jazmine
Clemens 020 3004 9512
Notes to editors
About Totally
Totally is a leading provider of healthcare and wellbeing
services across the UK and Ireland, working in partnership with the
NHS, other healthcare providers and corporate customers to help
address the challenges of increased demand for healthcare
services.
The Company is committed to pursuing a progressive buy-and-build
consolidation strategy within the fragmented healthcare market and
looks to capitalise on the attractive opportunities that its
disruptive service model offers to generate value to
shareholders.
Totally helps healthcare commissioners and hospitals ensure
patients can access the most appropriate care quickly and
efficiently by delivering quality urgent care services, such as NHS
111 and urgent treatment centres, elective care services including
insourcing, outsourcing and elective care delivered via 'Any
Qualified provider', as well as community dermatology clinics; and
therapy servicing including first contact practitioner and a full
physiotherapy and podiatry offering. Our corporate customer
services also play a role in reducing reliance on healthcare by
promoting healthy lifestyles and physical and mental health.
Healthcare services
Urgent Care: Totally's urgent care services are delivered under
the Totally Urgent Care brand, by Vocare and Greenbrook Healthcare.
Both businesses have a strong heritage and have been delivering
quality urgent care services including NHS 111, GP Out of Hours and
Urgent Treatment centres on behalf of the NHS for more than 25
years and 15 years respectively.
Elective care: Totally's elective care services are delivered by
Pioneer Healthcare, About Health and Premier Physical
Healthcare.
-- Pioneer Healthcare was established in 2007 and delivers a
wide range of acute services to NHS patients, in partnership with
independent healthcare sector private hospitals across England, to
help the NHS reduce waiting lists whilst maintaining patient care
and quality. Pioneer offer services through insourcing and
outsourcing agreements and through its Any Qualified Provider
status.
-- About Health has been delivering community-based specialist
care with a focus on delivering prompt assessment and treatment
across the country since 2008.
-- Premier Physical Healthcare was established in 2007 and
provides physiotherapy and podiatry services to NHS patients, often
within a community GP practice, and to the prison service.
Corporate Wellbeing Services
Energy Fitness Professionals ("EFP"): EFP is a corporate fitness
provider established in 1990 to address a gap in the market for
workplace fitness, which has grown to offer a range of services
covering workplace wellbeing. EFP manages 58 gyms on behalf of its
corporate customers, with more than 11,500 members.
For more information visit www.totallyplc.com
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