LONDON (ShareCast) - (ShareCast News) - Further to its announcement on 6 October 2017, the board of Totally, the provider of a range of out-of-hospital services to the UK healthcare sector, has confirmed that its acquisition of Vocare Limited has been approved by shareholders.
The acquisition of one of the leading providers of urgent care services in the UK, for a consideration of up to £11m on a cash free and debt free basis including a normalised level of working capital, had been subject to shareholder approval.

Completion of the take-over was now expected post-admission on 24 October 2017.

Wendy Lawrence, CEO of Totally, said: "We are extremely pleased that our Shareholders have recognised the strategic and financial benefits that the Acquisition of Vocare will bring to the Enlarged Group. The services offered by Vocare fit perfectly with our existing business model and will complement the services already offered across our other subsidiary businesses. The transaction is another important milestone for Totally as we continue to execute our buy and build strategy, working towards becoming the leading out-of-hospital care provider in the UK.

"We are excited about the future of our business and look forward to working closely with the team at Vocare to provide a best in class healthcare service whilst seamlessly integrating it into the wider Group. We will update shareholders on our progress and developments in due course."

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