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One Health Group PLC on Wednesday said it wants to raise up to £8 million as part of the switch of its stock listing to the AIM market in London from Aquis Stock Exchange. One Health is a Sheffield, England-based provider of surgical procedures funded by the UK National Health Service. On AQSE, One Health shares last traded on Wednesday at 199.00 pence, down from their previous trade of 200.20p, which was on Monday. It has a £21 million market capitalisation. One Health said it will offer new shares at 180p to raise £6.2 million for the company. The company’s non-executive chair and chief medical officer, together with its pension fund, will sell £1.8 million in existing shares at the same price. The placing portion of the raise will be run by Panmure Liberum Ltd, while the retail portion will be via the platform operated by Winterflood Securities Ltd. The fresh equity for the company will be put toward building its first owned surgical hub. The surgery is expected to cost between £8 million and £9 million. One Health said the surgery should be ready within a year of starting construction. It is expected to bring in £6 million to £9 million in revenue per year and be earnings enhancing in its first full year of operation. One Health called a general meeting for March 10 to seek approval from shareholders. Assuming they vote in favour, it expects its shares to start trading on AIM from March 20. Copyright 2025 Alliance News Ltd. All Rights Reserved.
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