26/07/2024
We’re delighted to have helped with a c.£3m fundraising for healthcare technology company Inspiration Healthcare Group PLC, which specialises in neonatal intensive care devices, through a combination of a £2.475m placing and a £0.5m retail offer via WRAP – Winterflood’s Retail Access platform.
Inspiration Healthcare Group’s Chair, Roy Davis, said: "Over the course of the year, we have seen underlying growth in our core neonatal and infusion businesses due to increased demand... Despite challenging market conditions, the group has a number of significant market opportunities and is well placed to deliver long-term sustainable growth."
Yesterday (25th July), the company announced some excellent news when it revealed that it had secured its largest single order for neonatal ventilators, following a long period of negotiations. IHG said it signed a US$4.3m contract for the delivery of neonatal intensive care medical devices including SLE6000 neonatal ventilators, First Breath respiratory support devices, and associated accessories.
Its shares were up 18% to 22.44 pence each in London following the announcement, following an intra-day high of 24.00p earlier on.
Our thanks to our wonderful clients at Panmure Liberum for the opportunity to work on the placing.
If you’d like to find out how we can help ensure the success of your most critical fundraises, chat with us today: hello@blackandcallow.com
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