Avia Health Informatics Plc admitted to trading on AIM following the acquisition of The Plain Software Company Limited.
16/11/2009
As part of the transaction, Merchant John East Securities Limited raised, from retail and institutional investors, a total of £1.2 million through a placing of new shares at 60 pence per share.
Avia Health Informatics’ principal trading subsidiary, The Plain Software Company Limited, develops and delivers clinical decision support systems for primary and emergency healthcare markets in the UK and internationally. Its Odyssey software suite supports triage, assessment and advice for first line patient contacts, including out-of-hours services, GP practices, emergency medical services, walk-in- centres, prisons and insurance companies.
The Avia AIM admission document, which includes full details about the enlarged group, can be found on its website, www.ahi-plc.com.
Chairman, Barry Giddings, commented: “Plain has significant growth potential and by investing in product development, we are confident of being able to accelerate its growth.”
Merchant John East Securities Limited is nominated adviser and broker to Avia Health Informatics plc.
