Circle Holdings PLC Contract (5297A)

TIDMCIRC

RNS Number : 5297A

Circle Holdings PLC

24 March 2017

FOR IMMEDIATE RELEASE 24 MARCH 2017

Circle Holdings plc

(the "Company" or "Circle")

Circle signs contract with Greenwich CCG to provide integrated musculoskeletal (MSK) services in Greenwich

Circle Holdings plc (LSE: CIRC) today announces that the Group has entered into a five-year contract with Greenwich CCG ("GCCG") for the management and provision of musculoskeletal ("MSK") services in Greenwich.

Circle will be responsible for managing MSK services for 276,000 Greenwich residents. The contract is valued at approximately GBP84.7 million over five years, renewable for up to two additional years.

The contract is designed to integrate clinical assessments in order to ensure faster, more appropriate care. Patients will be treated in more convenient community settings with patient choice as a primary focus. Circle and the GCCG have worked closely with local GPs and NHS Trusts to ensure the delivery of an integrated, high quality MSK service for Greenwich patients.

Paolo Pieri, CEO of Circle, said:

"We look forward to working with Greenwich CCG, local providers, and clinicians to provided improved, integrated care for Greenwich patients. Our investment in an integrated approach to patient care has delivered significant benefits elsewhere and we are delighted that we can shortly introduce this for patients in Greenwich."

Joanne Murfitt, Accountable Officer of the Greenwich Clinical Commissioning Group, said:

"We look forward to working with Circle and their partners in this exciting and innovative new venture and to seeing the benefits this new model will deliver in improved care for local patients and their families."

For further information, please contact:

Circle Holdings plc [phone]

Michael Kirkwood, Chairman

Paolo Pieri, Chief Executive Officer

Alex Singleton, Head of Communications and Marketing

Numis Securities Limited [phone]

Michael Meade, Nominated Adviser

Alex Ham, Ben Stoop Corporate Broking

About Circle

Established in 2004, Circle Holdings plc is an employee co-owned group dedicating to empowering clinicians and healthcare professionals to redefine the delivery of healthcare in the UK. Circle's NHS and independent healthcare operations include two independent hospitals, Circle Bath and Circle Reading, the Nottingham NHS Treatment Centre, and the management of Bedfordshire's integrated musculoskeletal (MSK) service on behalf of local commissioners.

For more information please visit www.circleholdingsplc.com and www.circlehealth.co.uk

This information is provided by RNS

The company news service from the London Stock Exchange

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March 24, 2017 13:19 ET (17:19 GMT)