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Totally shares tick upwards as subsidiary secures £1.7mln in new and extended contracts

Under the new contract, Totally's subsidiary, About Health will provide referral management services to the Harrogate clinical commissioning group

Hospital corridor
About Health also secure two extensions to its community dermatology services contracts

Totally PLC (LON:TLY) shares ticked up in early trading Friday after its subsidiary, About Health Limited, secured a new contract as well as several extensions to existing contracts with a combined value of £1.7mln.

The AIM-listed out-of-hospital healthcare services provider said About Health had been awarded a one-year contract to provide referral management services to the Harrogate clinical commissioning group (CCG), with a total indicative value of £145,000.

READ: Totally wins referral management contract for North-East clinical groups

Totally added that About Health had also secured an 18-month extension to its contract to provide community dermatology services to Preston, Chorley and South Ribble CCG, with a value of £1.2mln, as well as a 12-month extension to its community dermatology services provision contract with West Hampshire CCG, which carried a value of £400,000.

The news follows an announcement on Monday that About Health had secured an £800,000-a-year hospital referral management contract for the North Tyneside, North Durham and South Tees CCGs.

Richard Benson, Managing Director of About Health, said that the one-year contract award, coming soon after the Tyneside, Durham and South Tees win demonstrated “the value of the service model, which we hope to expand significantly”.

Totally shares were up 1.4% at 21.5p.

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Quick facts: Totally PLC

Price: 14.375 GBX

Market: AIM
Market Cap: £26.19 m

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