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TLY Totally Plc

6.25
-0.35 (-5.30%)
Last Updated: 11:58:24
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Totally Plc LSE:TLY London Ordinary Share GB00BYM1JJ00 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.35 -5.30% 6.25 6.00 6.50 6.25 6.10 6.25 883,371 11:58:24
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Newspaper:pubg, Pubg & Print 135.7M 1.78M 0.0091 6.87 12.28M

Totally PLC Totally secures contract extensions worth c.GBP16.8m (4464N)

01/02/2021 7:00am

UK Regulatory


Totally (LSE:TLY)
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TIDMTLY

RNS Number : 4464N

Totally PLC

01 February 2021

01 February 2021

Totally plc

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

Totally secures contract extensions worth c. GBP16.8 million

Totally plc (AIM: TLY), the provider of a range of healthcare services across the UK and Ireland, is pleased to report that, following the recent announcement by the Company regarding the extension of existing contracts across England, the Group's wholly owned subsidiary and one of the UK's leading national specialist providers of urgent care services Vocare Limited ("Vocare"), has been awarded two additional 12-month contract extensions worth a total of c. GBP16.8 million.

In partnership with the NHS, Totally's Urgent Care division remains focused on delivering a full range of urgent care services, helping to relieve the pressures faced by the NHS today.

Vocare will continue to provide Integrated Urgent Care ("IUC") services for the Staffordshire & Stoke Clinical Commissioning Groups ("CCGs"). The contract which is valued at c. GBP15.9 million, will commence on 01 April 2021. Additionally, one of Vocare's contracts for the provision of GP Out of Hours ("OOH") services in Yorkshire, valued at GBP0.9million, has also been extended and is set to commence on 01 March 2021.

Wendy Lawrence, CEO of Totally, said: "We are very pleased to announce this significant contract extension for IUC services, alongside the contract extension for OOH services, both of which come on the heels of a number of extensions across our Urgent Care division, as announced in January. The extension reflects our continued ability to deliver high quality services whilst meeting the heightened levels of demand brought about by the COVID-19 pandemic.

"The pandemic has brought unprecedented strain on the National Health Service and we are proud of the work we are doing alongside NHS commissioners to alleviate these pressures. Our team has worked tirelessly throughout this challenging period and, as such, all members of the team should be immensely proud of their efforts.

"Whilst demand for Urgent Care services increases, we are also continuing to support NHS trusts and hospitals to reduce current patient waiting lists, which have risen significantly throughout the pandemic. We are pleased to report that our subsidiary Totally Healthcare, which delivers high quality insourcing services across the UK, continues to expand its footprint in the North East of England working alongside three large hospitals to reduce the number of patients waiting for treatment. Furthermore, our planned care division continues to provide services and work towards the mobilisation of new services in coming months.

"Across Totally's businesses we always strive to deliver the highest quality services and respond quickly to the changing demands placed on healthcare services during these challenging times and this remains our upmost priority."

For further information please contact:

 
 Totally plc                                        020 3866 3330 
 Wendy Lawrence, Chief Executive 
  Bob Holt, Chairman 
 Allenby Capital Limited (Nominated Adviser 
  & Joint Corporate Broker)                         020 3328 5656 
 Nick Athanas / Liz Kirchner (Corporate Finance) 
  Amrit Nahal (Sales & Corporate Broking) 
 Canaccord Genuity Limited (Joint Corporate 
  Broker)                                           020 7523 8000 
 Bobbie Hilliam 
  Alex Aylen 
 Yellow Jersey PR                                   020 3004 9512 
 Georgia Colkin 
  Joe Burgess 
 

Notes to Editors

Totally plc is a leading healthcare service provider in the UK and Ireland, working in partnership with the NHS and other providers to deliver healthcare services through its divisions of Urgent Care, Planned Care and Insourcing.

Totally is committed to pursuing a progressive buy-and-build consolidation strategy within the fragmented healthcare market and looks to capitalise on the attractive opportunities that its disruptive service model offers, to generate value to shareholders.

Urgent Care

Totally offers a full range of urgent care services via its subsidiaries, Vocare and Greenbrook Healthcare, two of the largest urgent care providers in the UK, including:

--NHS 111 services

--Clinical Assessment services

--GP Out-of-Hours services

--Urgent Treatment Centres

www.vocare.org.uk

www.greenbrook.nhs.uk

Planned Care

Totally delivers planned care services, which include community based Out-Patient Services, Referral Management Services, Physiotherapy and Podiatry Services. It provides these through its planned care subsidiaries, About Health, Premier Physical Healthcare and Optimum Physiotherapy.

www.abouthealthgroup.com

www.premierphysicalhealthcare.co.uk

www.optimum-hcs.com

Insourcing

Launched in October 2019, Totally Healthcare provides bespoke insourcing solutions across multiple specialities to trusts and hospitals in the UK and Ireland, reducing waiting lists by utilising their spare capacity outside of normal working hours and weekends.

www.totallyhealthcarelimited.com

   More information on Totally plc can be found at the following link :   www.totallyplc.com . 

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END

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(END) Dow Jones Newswires

February 01, 2021 02:00 ET (07:00 GMT)

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