Business
Inspiration wins AIM Transaction of the Year Award
Inspiration wins AIM Transaction of the Year Award.
About this update from Inspiration Healthcare Group Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 1402H\n Inspiration Healthcare Group PLC\n 01 December 2020\n \n \n \n \n \n \n \n Inspiration Healthcare Group plc\n \n \n (\"Inspiration Healthcare\", the \"Company\" or the \"Group\")\n \n \n \n \n \n \n \n \n \n Inspiration Healthcare wins AIM \n \n \n Transaction of the Year \n \n \n Award\n \n \n \n \n \n \n \n \n \n Inspiration Healthcare Group plc (AIM: IHC), the global medical technology company, is pleased to announce that it has won the AIM Transaction of the Year.\n \n \n \n \n \n In June 2020, Inspiration Healthcare announced the acquisition of S.L.E. Limited for a consideration of £18.0 million which was raised by way of a Placing and Open Offer to certain institutional and individual investors by Cenkos Securities. S.L.E. is a leader in the design and manufacture of ventilators and capital equipment for neonatal intensive care, treating premature and sick babies. S.L.E.'s products are sold across the world through a distribution network built over many years. \n \n \n \n \n \n The AIM awards 2020 are sponsored by BDO, in association with the London Stock Exchange Group and have been held each year for the last 25 years to celebrate the outstanding achievements of companies on the world's most successful growth market. The Awards identify the quoted companies and entrepreneurs who have harnessed AIM to help them fulfil their ambition and growth potential in the last twelve months.\n \n \n \n \n \n Neil Campbell, Chief Executive Officer, commented: \"We are delighted to have won AIM Transaction of the Year 2020. We knew that there was a strong commercial and strategic fit with the acquisition of SLE, bringing two British leaders together to improve the outcomes of premature and sick babies around the world and this award recognises those thoughts. Doing such a transformational transaction, effectively doubling the size of the company, during lockdown whilst maintaining supply of critical care medical products around the world shows what can be done. We look forward to making the enlarged Group an even greater success story.\"\n \n \n \n \n \n Enquiries:\n \n \n \n \n \n \n \n \n Inspiration Healthcare Group plc\n \n \n Neil Campbell, Chief Executive Officer\n \n \n Jon Ballard, Chief Financial Officer\n ...