Totally PLC Issue of Equity and Director/PDMR Shareholding (3681E)

TIDMTLY

RNS Number : 3681E

Totally PLC

15 July 2016

15 July 2016

Totally plc ("Totally", "the Company" or "the Group")

Issue of Equity and Director/PDMR Shareholding

Further to the announcements made on 16 June 2016 and 11 July 2016, Totally plc (AIM: TLY), the provider of a range of out-of-hospital services to the healthcare sector in the UK, announces that in order to progress the proposed Buy-Back by the Company of all its Deferred Shares, the Company has today issued one Ordinary Share to Totally's Chairman Bob Holt at nominal value of GBP0.10.

As noted in the Company's announcement of 16 June 2016, under the provisions of the Companies Act 2006, a public limited company may not fund the purchase of its shares except out of its distributable reserves or the proceeds of a fresh issue of shares made solely for the purpose of such Buy Back. The Company has no distributable reserves in order to fund the Buy Back and therefore the Buy Back is being funded by today's issue of one Ordinary Share to Bob Holt.

Following this share issuance, Mr. Holt is beneficially interested in 846,759 Ordinary Shares which represents 4.23 per cent. of the issued ordinary share capital of Totally.

Application has been made to the London Stock Exchange for a single Ordinary Share, which will rank pari passu with the Company's existing Ordinary Shares, to be admitted to trading on AIM, and admission is expected to become effective on 21 July 2016.

Following today's issue of a single Ordinary Share the Company's issued ordinary share capital will consist of 19,994,954 Ordinary Shares, with one voting right per share. The Company does not hold any Ordinary Shares in treasury. Therefore, the total number of Ordinary Shares and voting rights in the Company will be 19,994,954. This figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company.

Defined terms used in this announcement have the meaning as set out in the Company's circular of 16 June 2016.

ENDS

Contacts

 
 Totally Plc                           020 3866 3335 
 Wendy Lawrence, Chief Executive 
  Bob Holt, Chairman 
 
 Allenby Capital Limited (Nominated 
  Adviser & Broker)                    020 3328 5656 
 Nick Athanas / Nick Naylor / Alex 
  Brearley 
 Yellow Jersey PR 
 Felicity Winkles                      0203 735 8828 
 Joe Burgess                           0203 735 8918 
 Josh Cole                             0203 735 8824 
 

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.

http://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. They deliver physiotherapy and podiatry to NHS patients. 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

Totally plc's other operating businesses include:

My Clinical Coach is a new 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 with the second phase launch taking place at the end of June 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.

http://abouthealthgroup.com/

This information is provided by RNS

The company news service from the London Stock Exchange

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July 15, 2016 10:40 ET (14:40 GMT)