Purchase of Shares by Directors

RNS Number : 0333I
Induction Healthcare Group PLC
12 April 2022
 

Induction Healthcare Group PLC

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

 

Purchase of Shares by Directors

 

Induction Healthcare (AIM: INHC), a leading digital health platform driving transformation of healthcare systems worldwide , announces the following Director purchases of, in aggregate, 364,589 ordinary shares in the Company:

 

Name

Position

Number of Ordinary Shares Purchased

 

Price per Ordinary Share

Resultant Shareholding

Percentage of Issued Share Capital

James Balmain

 

Chief Executive Officer

 

7,300

54.0987p

706,573

0.77%

Guy Mitchell

 

Chief Financial Officer

 

9,200

54.0987p

9,200

0.01%

Hugo Stephenson*

 

Group Executive Director

 

100,000

54.0987p

2,226,273

2.42%

Leslie-Ann Reed

 

Non-Executive Director

 

57,100

52.5p

57,100

0.06%

Andy Williams

 

Non-Executive Director

190,989

52.5p

610,484

0.66%

 

* Dr Stephenson's shareholding shown above e xcludes the 7,152,600 ordinary shares which are held by Blue Muse Investments Pty Ltd, as trustee of The Blue Muse Trust (a trust which is controlled by Hugo Stephenson's mother and of which close relatives including his children and friends of Hugo Stephenson are beneficiaries).

 

ENQUIRIES

 

Induction

James Balmain, Chief Executive Officer

Guy Mitchell, Chief Financial Officer

Via Walbrook PR Ltd: induction@walbrookpr.com

 

 

Singer Capital Markets (Nominated Adviser and Broker)

+44 (0)20 7496 3000

Philip Davies / Kailey Aliyar

 

 

 

Walbrook PR Ltd 

induction@walbrookpr.com

Paul McManus / Alice Woodings

Mob: +44(0)7980 541 893 / +44 (0)7407 804 654

 

About Induction -   www.inductionhealthcare.com

Induction (AIM: INHC) Induction delivers a suite of software solutions through a single integrated platform that transforms care delivery. Our system-wide applications help healthcare providers and administrators to deliver care at any stage remotely as well as face-to-face - enabling a more flexible, efficient and positive experience for the communities they serve . Purpose built for integration with leading Electronic Medical Record (EMR) platforms, our products offer immediate stand-alone value that becomes even greater when integrated with pre-existing systems.

 

Used at scale by national and regional healthcare systems, as well non-health government services, our applications are relied upon by hundreds of thousands of clinicians and millions of patients across almost every hospital in the British Isles.  

 

 

 

The information set out below is provided in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation No 596/2014 

1. 

Details of the person discharging managerial responsibilities / person closely associated

a. 

Name

James Balmain

2. 

Reason for the notification

a. 

Position/status

Chief Executive Officer

a. 

Initial notification /Amendment

Initial notification

3. 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a. 

Name

Induction Healthcare Group plc

b. 

LEI

213800RY96GCZQW5TP19

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 transactions have been conducted

a. 

Description of the Financial instrument, type of instrument

Identification code

Ordinary shares of 0.5 pence each

 

GB00BJ0M3545

b. 

Nature of the transaction

Purchase of Ordinary Shares 

c. 

Price(s) and volume(s)

54.0987 pence

7,300 Ordinary Shares

d. 

Aggregated information

·Aggregated volume

·Price 

 N/A

e. 

Date of the transaction

11 April 2022

f. 

Place of the transaction

London Stock Exchange

1. 

Details of the person discharging managerial responsibilities / person closely associated

a. 

Name

Guy Mitchell

2. 

Reason for the notification

a. 

Position/status

Chief Financial Officer

a. 

Initial notification /Amendment

Initial notification

3. 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a. 

Name

Induction Healthcare Group plc

b. 

LEI

213800RY96GCZQW5TP19

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 transactions have been conducted

a. 

Description of the Financial instrument, type of instrument

Identification code

Ordinary shares of 0.5 pence each

 

GB00BJ0M3545

b. 

Nature of the transaction

Purchase of Ordinary Shares 

c. 

Price(s) and volume(s)

54.0987 pence

9,200 Ordinary Shares

d. 

Aggregated information

·Aggregated volume

·Price 

 N/A

e. 

Date of the transaction

11 April 2022

f. 

Place of the transaction

London Stock Exchange

 

 

 

 

1. 

Details of the person discharging managerial responsibilities / person closely associated

a. 

Name

Hugo Stephenson

2. 

Reason for the notification

a. 

Position/status

Group Executive Director

a. 

Initial notification /Amendment

Initial notification

3. 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a. 

Name

Induction Healthcare Group plc

b. 

LEI

213800RY96GCZQW5TP19

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 transactions have been conducted

a. 

Description of the Financial instrument, type of instrument

Identification code

Ordinary shares of 0.5 pence each

 

GB00BJ0M3545

b. 

Nature of the transaction

Purchase of Ordinary Shares 

c. 

Price(s) and volume(s)

54.0987 pence

100,000 Ordinary Shares

d. 

Aggregated information

·Aggregated volume

·Price 

 N/A

e. 

Date of the transaction

11 April 2022

f. 

Place of the transaction

London Stock Exchange

 

1. 

Details of the person discharging managerial responsibilities / person closely associated

a. 

Name

Leslie-Ann Reed

2. 

Reason for the notification

a. 

Position/status

Non-Executive Director

a. 

Initial notification /Amendment

Initial notification

3. 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a. 

Name

Induction Healthcare Group plc

b. 

LEI

213800RY96GCZQW5TP19

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 transactions have been conducted

a. 

Description of the Financial instrument, type of instrument

Identification code

Ordinary shares of 0.5 pence each

 

GB00BJ0M3545

b. 

Nature of the transaction

Purchase of Ordinary Shares 

c. 

Price(s) and volume(s)

52.5 pence

57,100 Ordinary Shares

d. 

Aggregated information

·Aggregated volume

·Price 

 N/A

e. 

Date of the transaction

11 April 2022

f. 

Place of the transaction

London Stock Exchange

 

 

 

 

1. 

Details of the person discharging managerial responsibilities / person closely associated

a. 

Name

Andy Williams

2. 

Reason for the notification

a. 

Position/status

Non-Executive Director

a. 

Initial notification /Amendment

Initial notification

3. 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a. 

Name

Induction Healthcare Group plc

b. 

LEI

213800RY96GCZQW5TP19

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 transactions have been conducted

a. 

Description of the Financial instrument, type of instrument

Identification code

Ordinary shares of 0.5 pence each

 

GB00BJ0M3545

b. 

Nature of the transaction

Purchase of Ordinary Shares 

c. 

Price(s) and volume(s)

52.5 pence

190,989 Ordinary Shares

d. 

Aggregated information

·Aggregated volume

·Price 

 N/A

e. 

Date of the transaction

11 April 2022

f. 

Place of the transaction

London Stock Exchange

 

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