INSPIRATION HEALTHCARE GROUP PLC

Board/Management Information • Dec 5, 2022

National Storage Mechanism | Additional information

RNS Number : 5185I

Inspiration Healthcare Group PLC

05 December 2022

Inspiration Healthcare Group plc

Board Changes

Inspiration Healthcare Group plc (AIM: IHC) ("Inspiration Healthcare" or the "Company"), the global medical technology company today, announces that Mr Jonathan Ballard has stepped down from the role of Chief Financial Officer with immediate effect. The Board has secured an experienced practitioner, who is currently acting as a consultant to the Company and who has significant prior knowledge of Inspiration Healthcare, to lead the finance team on an interim basis. Mr Ballard will remain with the Company during his notice period, to ensure an orderly transition whilst the Company recruits his permanent successor.  The Board wishes to thank Mr Ballard for his hard work and dedication over the past five years.

This announcement contains inside information.

Enquiries:

Inspiration Healthcare Group plc Neil Campbell, Chief Executive Officer	Tel: 0330 175 0000
Nominated Adviser & Broker Cenkos Securities plc Stephen Keys Mark Connelly Katy Birkin Dan Hodkinson	Tel: 0207 397 8900
Cadogan PR                                                                                          Alex Walters alex.walters@cadoganpr.com	Tel: 07771 713608

About Inspiration Healthcare Group

www.inspirationhealthcaregroup.plc.uk

Inspiration Healthcare (AIM: IHC) is a global provider of medical technology for use in critical care & operating theatres. The Company provides high-quality, innovative products to patients around the world which help to improve patient outcomes, and it actively invests in innovative product opportunities and disruptive technologies.

The Group currently consists of three companies: Inspiration Healthcare Ltd, SLE Ltd and Viomedex Ltd and under these brands the Group sells neonatal intensive care and operating theatre equipment around the work through a network of distributors into over 75 countries.  Products range from highly sophisticated capital equipment through to single use disposables all that can help improve outcomes of extremely sick patients.

In the UK and Ireland the Group offers direct sales for most of its products supported by Technical Service offering on site and return to base repair and maintenance along with 24/7 emergency hire of equipment and long term lease arrangements for its own brand products.  The Group also acts as a distributor for 3rd party companies that wish to access the NHS using the Group's sales and service expertise and knowledge of the NHS

The Group invests in growth through Research and Development holding numerous patents on its technology and has strong links with academic Key Opinion Leaders around the world and supports clinical research in the field of neonatal intensive care.

Further information on Inspiration Healthcare Group plc can be seen at  www.inspirationhealthcaregroup.plc.uk 

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