Admission: One Health Group plc
One Health Group plc (One Health) has announced its admission to trading on AIM and a capital raise of £7.8 million through the placing of new and existing ordinary shares, a retail offer and an open offer.
One Health is a provider of NHS-funded medical procedures focused on four main areas: orthopaedics, spine, general surgery and gynaecology. One Health's activities are focused on areas where NHS patient needs are under-supplied by the local NHS service, population density is relatively high and the level of private medical insurance or the ability to self-fund is relatively low.
The net proceeds received by the company will primarily be used to fund One Health's first owned surgical hub, which is expected to cost between £8 million and £9 million and is anticipated to be operational within one year of construction starting.
Crowe's role and team
Crowe acted as reporting accountant on the transaction. Our Capital Markets team was led by Mitesh Patelia, supported by James Leyton and Will Smith.
Client quote
"I am delighted to announce One Health's admission to AIM which is a pivotal step in advancing our mission to provide NHS-aligned healthcare through patient choice and our scalable surgical hubs and patient centric service. I extend my gratitude to Crowe for their support as we commence our next chapter supported by our listing on AIM."
Adam Binns, CEO, One Health Group plc
