TIDMINHC

RNS Number : 0333I

Induction Healthcare Group PLC

12 April 2022

Induction Healthcare Group PLC

("Induction", the "Company", or the "Group")

Purchase of Shares by Directors

Induction Healthcare (AIM: INHC), a leading digital health platform driving transformation of healthcare systems worldwide , announces the following Director purchases of, in aggregate, 364,589 ordinary shares in the Company:

 
 Name                Position                          Number   Price per       Resultant       Percentage 
                                                  of Ordinary    Ordinary    Shareholding        of Issued 
                                                       Shares       Share                    Share Capital 
                                                    Purchased 
 James Balmain       Chief Executive Officer            7,300    54.0987p         706,573            0.77% 
 Guy Mitchell        Chief Financial Officer            9,200    54.0987p           9,200            0.01% 
 Hugo Stephenson*    Group Executive Director         100,000    54.0987p       2,226,273            2.42% 
 Leslie-Ann 
  Reed               Non-Executive Director            57,100       52.5p          57,100            0.06% 
 Andy Williams       Non-Executive Director           190,989       52.5p         610,484            0.66% 
 

* Dr Stephenson's shareholding shown above e xcludes the 7,152,600 ordinary shares which are held by Blue Muse Investments Pty Ltd, as trustee of The Blue Muse Trust (a trust which is controlled by Hugo Stephenson's mother and of which close relatives including his children and friends of Hugo Stephenson are beneficiaries).

ENQUIRIES

 
 Induction                                  Via Walbrook PR Ltd: induction@walbrookpr.com 
  James Balmain, Chief Executive Officer 
  Guy Mitchell, Chief Financial Officer 
 
 Singer Capital Markets (Nominated 
  Adviser and Broker)                                                 +44 (0)20 7496 3000 
 Philip Davies / Kailey Aliyar 
 
 Walbrook PR Ltd                                                 induction@walbrookpr.com 
 Paul McManus / Alice Woodings                      Mob: +44(0)7980 541 893 / +44 (0)7407 
                                                                                  804 654 
 
   About Induction -   www.inductionhealthcare.com 

Induction (AIM: INHC) Induction delivers a suite of software solutions through a single integrated platform that transforms care delivery. Our system-wide applications help healthcare providers and administrators to deliver care at any stage remotely as well as face-to-face - enabling a more flexible, efficient and positive experience for the communities they serve . Purpose built for integration with leading Electronic Medical Record (EMR) platforms, our products offer immediate stand-alone value that becomes even greater when integrated with pre-existing systems.

Used at scale by national and regional healthcare systems, as well non-health government services, our applications are relied upon by hundreds of thousands of clinicians and millions of patients across almost every hospital in the British Isles.

The information set out below is provided in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation No 596/2014

 
 1.   Details of the person discharging managerial responsibilities / person 
       closely associated 
 a.   Name                                James Balmain 
     ----------------------------------  ------------------------------------- 
 2.   Reason for the notification 
     ------------------------------------------------------------------------- 
 a.   Position/status                     C hief Executive Officer 
     ----------------------------------  ------------------------------------- 
 a.   Initial notification                Initial notification 
       /Amendment 
     ----------------------------------  ------------------------------------- 
 3.   Details of the issuer, emission allowance market participant, auction 
       platform, auctioneer or auction monitor 
     ------------------------------------------------------------------------- 
 a.   Name                                Induction Healthcare Group plc 
     ----------------------------------  ------------------------------------- 
 b.   LEI                                 213800RY96GCZQW5TP19 
     ----------------------------------  ------------------------------------- 
 4.   Details of the transaction(s): section to be repeated for (i) each 
       type of instrument; (ii) each type of transaction; (iii) each date; 
       and (iv) each place where transactions have been conducted 
     ------------------------------------------------------------------------- 
 a.   Description                         Ordinary shares of 0.5 pence each 
       of the Financial 
       instrument,                         GB00BJ0M3545 
       type of instrument 
       Identification 
       code 
     ----------------------------------  ------------------------------------- 
 b.   Nature of the                       Purchase of Ordinary Shares 
       transaction 
     ----------------------------------  ------------------------------------- 
 c.   Price(s) and                        54.0987 pence 
       volume(s)                           7,300 Ordinary Shares 
     ----------------------------------  ------------------------------------- 
 d.        Aggregated                      N/A 
            information 
             *    Aggregated volume 
 
 
             *    Price 
     ----------------------------------  ------------------------------------- 
 e.   Date of the                         11 April 2022 
       transaction 
     ----------------------------------  ------------------------------------- 
 f.   Place of the                        London Stock Exchange 
       transaction 
     ----------------------------------  ------------------------------------- 
 1.   Details of the person discharging managerial responsibilities / person 
       closely associated 
     ------------------------------------------------------------------------- 
 a.   Name                                Guy Mitchell 
     ----------------------------------  ------------------------------------- 
 2.   Reason for the notification 
     ------------------------------------------------------------------------- 
 a.   Position/status                     C hief Financial Officer 
     ----------------------------------  ------------------------------------- 
 a.   Initial notification                Initial notification 
       /Amendment 
     ----------------------------------  ------------------------------------- 
 3.   Details of the issuer, emission allowance market participant, auction 
       platform, auctioneer or auction monitor 
     ------------------------------------------------------------------------- 
 a.   Name                                Induction Healthcare Group plc 
     ----------------------------------  ------------------------------------- 
 b.   LEI                                 213800RY96GCZQW5TP19 
     ----------------------------------  ------------------------------------- 
 4.   Details of the transaction(s): section to be repeated for (i) each 
       type of instrument; (ii) each type of transaction; (iii) each date; 
       and (iv) each place where transactions have been conducted 
     ------------------------------------------------------------------------- 
 a.   Description                         Ordinary shares of 0.5 pence each 
       of the Financial 
       instrument,                         GB00BJ0M3545 
       type of instrument 
       Identification 
       code 
     ----------------------------------  ------------------------------------- 
 b.   Nature of the                       Purchase of Ordinary Shares 
       transaction 
     ----------------------------------  ------------------------------------- 
 c.   Price(s) and                        54.0987 pence 
       volume(s)                           9,200 Ordinary Shares 
     ----------------------------------  ------------------------------------- 
 d.        Aggregated                      N/A 
            information 
             *    Aggregated volume 
 
 
             *    Price 
     ----------------------------------  ------------------------------------- 
 e.   Date of the                         11 April 2022 
       transaction 
     ----------------------------------  ------------------------------------- 
 f.   Place of the                        London Stock Exchange 
       transaction 
     ----------------------------------  ------------------------------------- 
 
 
 1.   Details of the person discharging managerial responsibilities / person 
       closely associated 
 a.   Name                                Hugo Stephenson 
     ----------------------------------  ------------------------------------- 
 2.   Reason for the notification 
     ------------------------------------------------------------------------- 
 a.   Position/status                     Group Executive Director 
     ----------------------------------  ------------------------------------- 
 a.   Initial notification                Initial notification 
       /Amendment 
     ----------------------------------  ------------------------------------- 
 3.   Details of the issuer, emission allowance market participant, auction 
       platform, auctioneer or auction monitor 
     ------------------------------------------------------------------------- 
 a.   Name                                Induction Healthcare Group plc 
     ----------------------------------  ------------------------------------- 
 b.   LEI                                 213800RY96GCZQW5TP19 
     ----------------------------------  ------------------------------------- 
 4.   Details of the transaction(s): section to be repeated for (i) each 
       type of instrument; (ii) each type of transaction; (iii) each date; 
       and (iv) each place where transactions have been conducted 
     ------------------------------------------------------------------------- 
 a.   Description                         Ordinary shares of 0.5 pence each 
       of the Financial 
       instrument,                         GB00BJ0M3545 
       type of instrument 
       Identification 
       code 
     ----------------------------------  ------------------------------------- 
 b.   Nature of the                       Purchase of Ordinary Shares 
       transaction 
     ----------------------------------  ------------------------------------- 
 c.   Price(s) and                        54.0987 pence 
       volume(s)                           100,000 Ordinary Shares 
     ----------------------------------  ------------------------------------- 
 d.        Aggregated                      N/A 
            information 
             *    Aggregated volume 
 
 
             *    Price 
     ----------------------------------  ------------------------------------- 
 e.   Date of the                         11 April 2022 
       transaction 
     ----------------------------------  ------------------------------------- 
 f.   Place of the                        London Stock Exchange 
       transaction 
     ----------------------------------  ------------------------------------- 
 
 
 1.   Details of the person discharging managerial responsibilities / person 
       closely associated 
 a.   Name                                Leslie-Ann Reed 
     ----------------------------------  ------------------------------------- 
 2.   Reason for the notification 
     ------------------------------------------------------------------------- 
 a.   Position/status                     Non-Executive Director 
     ----------------------------------  ------------------------------------- 
 a.   Initial notification                Initial notification 
       /Amendment 
     ----------------------------------  ------------------------------------- 
 3.   Details of the issuer, emission allowance market participant, auction 
       platform, auctioneer or auction monitor 
     ------------------------------------------------------------------------- 
 a.   Name                                Induction Healthcare Group plc 
     ----------------------------------  ------------------------------------- 
 b.   LEI                                 213800RY96GCZQW5TP19 
     ----------------------------------  ------------------------------------- 
 4.   Details of the transaction(s): section to be repeated for (i) each 
       type of instrument; (ii) each type of transaction; (iii) each date; 
       and (iv) each place where transactions have been conducted 
     ------------------------------------------------------------------------- 
 a.   Description                         Ordinary shares of 0.5 pence each 
       of the Financial 
       instrument,                         GB00BJ0M3545 
       type of instrument 
       Identification 
       code 
     ----------------------------------  ------------------------------------- 
 b.   Nature of the                       Purchase of Ordinary Shares 
       transaction 
     ----------------------------------  ------------------------------------- 
 c.   Price(s) and                        52.5 pence 
       volume(s)                           57,100 Ordinary Shares 
     ----------------------------------  ------------------------------------- 
 d.        Aggregated                      N/A 
            information 
             *    Aggregated volume 
 
 
             *    Price 
     ----------------------------------  ------------------------------------- 
 e.   Date of the                         11 April 2022 
       transaction 
     ----------------------------------  ------------------------------------- 
 f.   Place of the                        London Stock Exchange 
       transaction 
     ----------------------------------  ------------------------------------- 
 
 
 1.   Details of the person discharging managerial responsibilities / person 
       closely associated 
 a.   Name                                Andy Williams 
     ----------------------------------  ------------------------------------- 
 2.   Reason for the notification 
     ------------------------------------------------------------------------- 
 a.   Position/status                     Non-Executive Director 
     ----------------------------------  ------------------------------------- 
 a.   Initial notification                Initial notification 
       /Amendment 
     ----------------------------------  ------------------------------------- 
 3.   Details of the issuer, emission allowance market participant, auction 
       platform, auctioneer or auction monitor 
     ------------------------------------------------------------------------- 
 a.   Name                                Induction Healthcare Group plc 
     ----------------------------------  ------------------------------------- 
 b.   LEI                                 213800RY96GCZQW5TP19 
     ----------------------------------  ------------------------------------- 
 4.   Details of the transaction(s): section to be repeated for (i) each 
       type of instrument; (ii) each type of transaction; (iii) each date; 
       and (iv) each place where transactions have been conducted 
     ------------------------------------------------------------------------- 
 a.   Description                         Ordinary shares of 0.5 pence each 
       of the Financial 
       instrument,                         GB00BJ0M3545 
       type of instrument 
       Identification 
       code 
     ----------------------------------  ------------------------------------- 
 b.   Nature of the                       Purchase of Ordinary Shares 
       transaction 
     ----------------------------------  ------------------------------------- 
 c.   Price(s) and                        52.5 pence 
       volume(s)                           190,989 Ordinary Shares 
     ----------------------------------  ------------------------------------- 
 d.        Aggregated                      N/A 
            information 
             *    Aggregated volume 
 
 
             *    Price 
     ----------------------------------  ------------------------------------- 
 e.   Date of the                         11 April 2022 
       transaction 
     ----------------------------------  ------------------------------------- 
 f.   Place of the                        London Stock Exchange 
       transaction 
     ----------------------------------  ------------------------------------- 
 

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END

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April 12, 2022 02:01 ET (06:01 GMT)

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