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Company News
08 OCTOBER 2007
SEXUAL HEALTH GROUP PLC
(“Sexual Health Group” or “the
Company”)
PLUS Symbol: SHGP
CONTRACT WIN FOR CONDOMANIA
The Board of Sexual Health Group, a national supplier of sexual health products to customers including the NHS, announces that its Condomania division has secured the contract to supply The States of Jersey with Condomania® condoms.
The contract, funded by The States of Jersey Public Health Department is part of the States’ “Health for Life Strategy” and will support the development of an island wide Condom Distribution Scheme. Condom distribution is also cited as one of the key priorities within the island’s new Sexual Health Strategy (2007).
The condom distribution scheme will enable people to access free condoms from a range of venues including the island’s core sexual health services. The scheme’s primary objective is to reduce the increasing rates of sexually transmitted infections (STI’s) as well as unplanned pregnancy. Furthermore, providing condoms to core services according to need will help to standardise the practice of condom distribution across Jersey.
States of Jersey Health Promotion Officer for Sexual Health, Aimee Tonsberg commented today: “We selected Sexual Health Group to operate this contract due to its successful track record in setting up and managing condom distribution schemes in the UK, and we look forward to working with them on this important project”
Commenting on today’s news, Chairman, John French, said: “We are delighted that The States of Jersey has chosen the Company to exclusively supply its condom distribution scheme and believe this endorses our approach of working closely with health professionals to develop local strategies to reduce Sexually Transmitted Infections”
---ENDS---
The Directors of the Issuer accept responsibility
for this announcement.
Enquiries:
Sexual Health Group
Plc
| John French, Chairman |
Mobile: 07836 722
482 |
Bishopsgate Communications Ltd.
Dominic Barretto
Sophie Davis |
Tel: 020 7562 3367 |
Lion Capital Corporation
| Monisha Varadan |
Tel: 020 7562 3389 |
Notes to Editors:
Sexual Health Group, the holding company, was set up in 2004 and listed on PLUS in January 2005. At the time of inception the Company had one operating subsidiary – Condomania plc, a condom distribution company catering specifically to the NHS. Condomania was founded by George Sutherland, the majority shareholder in 2000. The Company initially created the Condomania® brand in consultation with health professionals. Since its launch the brand has achieved approximately a 9% share of the NHS market which equates to 2.25% of the total UK market. At 16 products, it has one of the widest ranges of condoms available via the NHS in the UK. The Company's strategy is to bring a pipeline of new products in sexual health to the UK market.
In March 2006, the Sexual Health Group acquired Sutherland Group Holdings Ltd, which brought further products into the Company. The key product out of this range was Sutherland® Lubricating Jelly which is now on national contract in NHS England.
In April 2007, the Company announced new contracts with NHS England for patient hygiene products launching its products into the healthcare acquired infection (HAI) market estimated to cost the NHS GBP1 billion per annum to deal with.
The Company has been focusing on the development of its relationship with the NHS, and has developed its profile through this relationship. This will remain as a major part of its strategy for growth.
For further information on the
Company visit www.sexualhealthgroup.com
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