Business
Admission to trading on AIM and first day dealings
Admission to trading on AIM and first day dealings.
About this update from One Health Group Plc
[{"type":"text","content":"\n\nTHIS ANNOUNCEMENT IS RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION, DISTRIBUTION OR FORWARDING, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, NEW ZEALAND, THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL.\nFOR IMMEDIATE RELEASE\n20 March 2025\nOne Health Group plc\n(\"One Health\" or the \"Company\")\nAdmission to trading on AIM and first day of dealings\nOne Health Group plc (AIM: OHGR), a provider of NHS-funded medical procedures, is pleased to announce the admission of its entire issued share capital being 13,709,615 ordinary shares of 0.5 pence each (\"Ordinary Shares\") to trading on AIM, a market operated by the London Stock Exchange (\"Admission\").\nIn conjunction with Admission, the Company has completed a successful capital raising of approximately £7.8 million (before expenses) through a placing of new and existing Ordinary Shares with certain institutional and other investors, a retail offer and an open offer at a price of 180 pence per Ordinary Share (the \"Capital Raising\"). The net proceeds from the Capital Raising will be used primarily to fund (alongside existing cash) the Company's first owned surgical hub through to operation. The surgical hub is expected to be operational within one year of construction starting and deliver between £6 million to £9 million of revenue per annum and is anticipated to be earnings enhancing in its first full year of operation. \nAdmission will take place and dealings in the Ordinary Shares will commence at 8:00 a.m. today under the TDIM: 'OHGR' and ISIN GB00BNNT0595. Cancellation of the Company's Ordinary Shares on the Apex Segment of the AQSE Growth Market will take place simultaneously with Admission.\nFurther information in relation to Admission can be found in the Company's announcement from 19 February 2025. An appendix to the Schedule One, as well as information required pursuant to AIM Rule 26, is available on the Company's website at https://www.onehealth.co.uk/investors\nAdam Binns, Chief Executive Officer of One Health, commented: \"I am delighted to announce One Health's admission to AIM. This is a pivotal step in advancing our mission to provide NHS-aligned healthcare through patient choice and our scalable surgical hubs an...