Sheffield-based One Health Group plc, a provider of NHS-funded medical procedures, announced the admission of its entire issued share capital of 13.7 million ordinary shares to trading on the junior AIM market of the London Stock Exchange.

One Health Group has switched its listing from Aquis Stock Exchange.

The firm said: “In conjunction with admission, the company has completed a successful capital raising of approximately £7.8 million (before expenses) through a placing of new and existing ordinary shares with certain institutional and other investors, a retail offer and an open offer at a price of 180 pence per ordinary share.

“The net proceeds from the capital rising will be used primarily to fund (alongside existing cash) the Company’s first owned surgical hub through to operation.

“The surgical hub is expected to be operational within one year of construction starting and deliver between £6 million to £9 million of revenue per annum and is anticipated to be earnings enhancing in its first full year of operation.”

One Health CEO Adam Binns said: “I am delighted to announce One Health’s admission to AIM. This 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.

“This milestone, bolstered by a successful capital raising and strong institutional investor confidence, will enable strategic expansion while maintaining our commitment to reducing patient waiting times and delivering clinical excellence with sustainable growth.

“I extend my gratitude to our team, advisers, and shareholders for their support as we commence our next chapter supported by our listing on AIM.

“I am excited about the prospects for the business, particularly our inaugural surgical hub,  which will integrate operational excellence and technological innovation to benefit NHS patients and the broader healthcare system.”