One Health – one of the UK’s leading independent providers of surgical services to the NHS - formally announced its plan move to AIM on 19th February. It had been trading on the AQSE Exchange since November 2022.
The news of the admission coincided with a placing which raised £7.35m in 24 hours. A further £480,000 was raised following subsequent Retail and Open Offers. The total net proceeds will now be used to fund, alongside existing cash, the Group’s first owned surgical hub.
It is hoped the new hub, which is expected to cost between £8 million and £9 million, will be operational within one year of construction starting, and will deliver between £6 million to £9 million of revenue per annum.
Adam Binns – CEO of One Health Group said – “Opening the LSE was a huge honour for us and marks a pivotal milestone in the company’s evolution. Our admission to AIM is all about positioning One Health strongly as we execute our ambitious growth strategy.To be able to celebrate that with our team and some of our valued advisers in such a memorable way was a real privilege.”