MEDICA GROUP PLC

Board/Management Information • Apr 6, 2020

National Storage Mechanism | Additional information

RNS Number : 8124I

Medica Group PLC

06 April 2020

6 April 2020

Medica Group Plc

Non-Executive Director Change

Medica Group Plc (LSE: MGP, "Medica" or the "Company"), the UK market leader in the provision of teleradiology services, announces that Professor Mike Bewick has notified the Board of his intention to stand down as a Non-Executive Director and Chairman of the Remuneration Committee at the Company's Annual General Meeting on 20 May 2020.

Mike joined the Medica Group Board on flotation in March 2017 and has supported the business as a Non-Executive Director as Chairman of the Remuneration Committee and a member of the Audit and Nominations Committees, as well as through his expertise in clinical governance. Jo Easton, currently a Non-Executive Director of Medica will replace Mike as Chair of the Remuneration Committee.

Roy Davis, Chairman of Medica, commented:

"On behalf of the Board and the Company, I would like to thank Mike for his valuable contribution to Medica during his tenure, both from a remuneration committee and clinical perspective.  We wish him the very best for the future.  We are also pleased to have someone as experienced as Jo to become Chair of the Remuneration Committee, on which she already serves, ensuring a seamless transition."  

Professor Mike Bewick, Non-Executive Director of Medica, added:

"I have enjoyed working with the Medica team since flotation and believe it is the right time for me to step down as a Non-Executive Director. Medica is the clear UK market leader in an attractive and growing market and I wish the Company every success in what should be a very bright future."

For further information, please contact:  

Medica Group Plc: Roy Davis, Chairman Stuart Quin, Chief Executive Officer	+44 (0)33 33 111 222
Investec Bank Plc Sara Hale Daniel Adams	+44 (0)20 7597 5970
FTI Consulting Victoria Foster Mitchell Robert Winder	+44 (0)20 3727 1000

About MEDICA

MEDICA is the UK market leader 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 reporting on MRI and CT scans, and routine plain film 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 1.3 million examinations annually across its customer base of more than 100 NHS Trusts 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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