Medica Group PLC Director/PDMR Shareholding (5088M)

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RNS Number : 5088M

Medica Group PLC

17 September 2019

Medica Group PLC

Director / PDMR Shareholding

Medica Group PLC (the "Company") announces that on 16 September 2019, the PDMR listed below was granted options over ordinary shares of 0.2p each in the Company under the Company's Performance Share Plan 2017 at a nil exercise price:

 
 Name of PDMR      Number of shares subject 
                    to option 
 Dr Stuart Quin            533,682 
 

The notifications set out below are provided in accordance with the requirements of the EU Market Abuse Regulation and set out more details of the transactions.

 
 1.    Details of PDMR 
 (a)   Name                                     1. Dr Stuart Quin 
      --------------------------  -------------------------------------------- 
 2.    Reason for notification 
      ------------------------------------------------------------------------ 
 (b)   Position / status                        1. Chief Executive Officer 
      --------------------------  -------------------------------------------- 
 (c)   Initial notification        Initial notification in each case 
        / amendment 
      --------------------------  -------------------------------------------- 
 3.    Details of the Issuer 
      ------------------------------------------------------------------------ 
 (a)   Name                        Medica Group PLC 
      --------------------------  -------------------------------------------- 
 (b)   LEI 
      --------------------------  -------------------------------------------- 
 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 transaction(s) 
        have been conducted 
      ------------------------------------------------------------------------ 
 (a)   Description of the          Ordinary shares of 0.2p each in the capital 
        financial instrument        of the Company ("Shares") 
      --------------------------  -------------------------------------------- 
 (b)   Nature of the transaction   Grant of options to acquire Shares pursuant 
                                    to the Company's Performance Share Plan 
                                    2017 
      --------------------------  -------------------------------------------- 
 (c)   Price(s) and volume                      Exercise Price nil 
      --------------------------  -------------------------------------------- 
 (d)   Aggregated information      N/A 
      --------------------------  -------------------------------------------- 
 (e)   Date of the transaction     16 September 2019 
      --------------------------  -------------------------------------------- 
 (f)   Place of the transaction    Outside a trading venue 
      --------------------------  -------------------------------------------- 
 

-ENDS-

For further details contact:

 
 Medica Group:                          [phone] 
 Stuart Quin, Chief Executive Officer 
 Tony Lee, Chief Financial Officer 
 
 
 
 FTI Consulting                         [phone] 
 Brett Pollard 
 Victoria Foster Mitchell 
 Robert Winder 
 

About Medica

Medica is the UK market leader by revenue in the provision of teleradiology services, providing outsourced interpretation and reporting on MRI (magnetic resonance imaging), CT (computerised tomography) and plain film (x-ray) images. The Company currently offers three primary services to hospital radiology departments: NightHawk, an out-of-hours service, routine cross-sectional (Routine CS) reporting on MRI and CT scans, and routine plain film (Routine PF) reporting on x-ray images.

Medica has developed a bespoke secure IT platform that provides market-leading linkage between a hospital's Radiology Information System (RIS) and Consultant Radiologists who contract with Medica. Direct RIS access ensures that the full wider patient information is available and reviewed with every report.

The Company contracts with the largest pool of consultant radiologists outside of the NHS and has been trusted to provide more than 1.5 million examinations annually across its customer base of more than 100 NHS hospitals and various private hospital groups and diagnostic imaging companies. For more information please visit www.medicagroup.co.uk

About teleradiology

Teleradiology is the electronic transmission of radiological patient images, including plain film (x-rays), CT scans and MRI scans, from one location to another for the purposes of diagnostic interpretation and reporting.

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END

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September 17, 2019 03:24 ET (07:24 GMT)