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MHC.GB MyHealthChecked Plc

12.25
0.00 (0.00%)
28 Mar 2024 - Closed
Realtime Data
Share Name Share Symbol Market Type Share ISIN Share Description
MyHealthChecked Plc AQSE:MHC.GB Aquis Stock Exchange Ordinary Share GB00BN7K5L93
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 12.25 11.50 13.00 12.25 11.53 12.25 3,912 16:29:58
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

MyHealthChecked PLC AGM Statement (0105Z)

11/05/2023 7:00am

UK Regulatory


MyHealthChecked (AQSE:MHC.GB)
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RNS Number : 0105Z

MyHealthChecked PLC

11 May 2023

MyHealthChecked PLC

( " MyHealthChecked " or the "Company " )

AGM Statement

MyHealthChecked PLC (AIM: MHC), the consumer home-testing healthcare company, provides an update to shareholders ahead of its Annual General Meeting ("AGM") today at The Maltings, East Tyndall Street, Cardiff, CF24 5EA at 11.00 a.m.

Chairman's AGM statement

We have made tremendous progress over the last year, not only delivering excellent financial results the second year in a row, but firmly establishing ourselves as a trusted partner in the wellness industry, with a strong record of reliability and delivery for customers and retail partners.

We remain well-positioned to deliver further success in 2023, particularly with the upcoming nationwide launch of an expanded portfolio of at-home wellness tests . As announced earlier in the week, we are at an advanced stage of negotiation with a key retail partner, and we look forward to supporting their commercial strategy to meet their customers' needs for at-home testing. We will update shareholders in due course.

The recent news that we are now successfully r egistered with the Healthcare Inspectorate Wales ('HIW') is an important milestone in our aim to support retail partners with a nationwide launch. It validates the quality of our at-home wellness testing service and our commitment to patient care and confirms to our partners that we operate to the highest standards.

Whilst we continue to see steady sales for COVID tests in 2023, as previously announced we do expect to see an overall reduction in demand. That said we remain capable of delivering against any unpredictable fluctuations in testing volumes that might occur throughout the year. A trading update for the six months ended 30 June 2023 will be provided in July.

We also look forward to confirming shareholder approval for the Share Consolidation, whereby 15 Existing Ordinary Shares will be consolidated into 1 ordinary share. We believe this will improve the marketability of our shares, by way of a higher share price, and hope that this will reduce share price volatility by narrowing the spread of the bid and offer price.

Ultimately, we remain focussed on the upcoming launch of our new tests and the further development of our digital platform, which we are confident provides a strong opportunity to create value for our shareholders and solidify our position as a leading wellness company.

For further information contact:

 
 MyHealthChecked PLC                                                www.myhealthchecked.com 
 Penny McCormick, Chief Executive                                           via Walbrook PR 
  Officer 
 
 SPARK Advisory Partners Limited                                   Tel: +44 (0)20 3368 3550 
  (NOMAD) 
 Neil Baldwin 
 
 Dowgate Capital Limited (Broker)                                  Tel: +44 (0)20 3903 7715 
 David Poutney / Nicholas Chambers 
 
 Walbrook PR Ltd (Media       Tel: +44 (0)20 7933 8780 or myhealthcheckedplc@walbrookpr.com 
  & IR) 
 Paul McManus / Alice Woodings                               Mob: +44 (0)7980 541 893 / +44 
                                                                            (0)7407 804 654 
 
 

About MyHealthChecked PLC ( www.myhealthcheckedplc.com )

MyHealthChecked PLC, based in Cardiff, is an AIM-quoted pioneering UK healthcare company focused on a range of at-home healthcare and wellness tests.

MyHealthChecked is the umbrella brand of a range of at-home rapid tests, as well as DNA, RNA and blood sample collection kits which have been created to support customers on their journeys to wellness. The tests are lateral-flow self-tests, and the sample collection kits enable the collection of blood, urine, nasal or mouth swab samples that are analysed in partner laboratories for a range of biomarkers. The tests will also be made available online and will be viable for over-the -counter purchase.

The MyHealthChecked portfolio has been identified as part of a change in mindset as customers become more familiar with the concept of accessible healthcare in the growing at home testing kit market with a focus on accessibility at the right price, led by UK-based experts.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

AGMNKKBQABKDBPD

(END) Dow Jones Newswires

May 11, 2023 02:00 ET (06:00 GMT)

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