TIDMFEN
Frenkel Topping Group PLC
06 July 2023
REACH
Frenkel Topping Group plc
("Frenkel Topping" or "the Company" or "the Group")
Frenkel Topping Announces Partnership with New Major Trauma
Centre via Cardinal Management Limited
Frenkel Topping Group (AIM: FEN), a specialist professional and
financial services firm operating in the Personal Injury (PI)
Clinical Negligence (CN) space, is delighted to announce that
Cardinal Management Limited ("Cardinal") has agreed a partnership
with a new major trauma centre, John Radcliffe Hospital, run by
Oxford University Hospitals NHS Foundation Trust, following a
lengthy period of engagement. This takes the total number of major
trauma centres to ten, including two new sites in the first half of
this financial year.
Frenkel Topping acquired Cardinal in January 2022, enabling the
Group to provide a clear and direct link to claimants and their
professional representatives, at the earliest stage possible after
serious injury or illness. This in turn introduces the portfolio of
FTG services in a relevant and timely way to its clients in the PI
and CN litigation space as well as claimants themselves.
Over the last seven years the Major Trauma Signposting
Partnership delivered by Cardinal, has helped more than 8,000
patients at NHS Major Trauma Centres. Cardinal is pleased to have
added the Major Trauma Centre at John Radcliffe Hospital, enabling
the complex welfare support to reach a greater number of
patients.
The Company is pleased to see the performance of Cardinal and
the continued momentum in winning new trauma centres. As a result,
the Group's number of successful claims and cases coming to
settlement will increase, in turn driving further growth in AUM.
Cardinal is in discussions with a number of other Major Trauma
Centres about the possible introduction of its services. The
Company will update shareholders as appropriate.
Andrew Pemberton, Managing Director of Cardinal, said:
"We are delighted that such a prestigious hospital as the John
Radcliffe has chosen Cardinal to help support their patients. Our
team is looking forward to getting going as quickly as we can so
that patients can start getting access to bedside welfare advice
and support."
Richard Fraser, CEO of Frenkel Topping, said:
"The new partnership with John Radcliffe hospital, the second in
as many months, is testament to the hard work and dedication from
Andrew and his team at Cardinal. With such a rigorous due diligence
process, this achievement demonstrates our team's expertise and
capabilities showcases the strength of our business. We recognise
the contributions made by each member involved in this success.
Bringing the number of partnerships to 10 across the nation,
this allows us to extend our reach to support even more patients
immediately after traumatic injury, through support from the
Cardinal team and their partnership with the Frenkel Topping
Charitable Foundation."
For further information:
Frenkel Topping Group plc www.frenkeltoppinggroup.co.uk
Richard Fraser, Chief Executive Officer Tel: 0161 886 8000
finnCap Ltd Tel: 020 7220 0500
Carl Holmes/Abigail Kelly/Milesh Hindocha
(Corporate Finance)
Tim Redfern / Charlotte Sutcliffe (ECM)
About Frenkel Topping Group
The Frenkel Topping Group of companies specialises in providing
financial advice and asset protection services to clients at times
of financial vulnerability, with particular expertise in the field
of personal injury (PI) and clinical negligence (CN).
For more than 30 years the Group has worked with legal
professionals and injured clients themselves to provide
pre-settlement, at-settlement and post-settlement services to help
achieve the best long-term outcomes for clients after injury. It
boasts a client retention rate of 99%.
Frenkel Topping Group is focused on consolidating the fragmented
PI and CN space in order to provide the most comprehensive suite of
services to clients and deliver a best-in-class service offering
from immediately after injury or illness and for the rest of their
lives.
The group's services include the Major Trauma Signposting
Partnership service inside NHS Major Trauma Centres, expert
witness, costs, tax and forensic accountancy, independent financial
advice, investment management, and care and case management.
The Group's discretionary fund manager, Ascencia, manages
financial portfolios for clients in unique circumstances, often who
have received a financial settlement after litigation. In recent
years Ascencia has diversified its portfolios to include a
Sharia-law-compliant portfolio and a number of ESG portfolios in
response to increased interest in socially responsible investing
(SRI).
Frenkel Topping has earned a reputation for commercial
astuteness underpinned by a strong moral obligation to its clients,
employees and wider society, with a continued focus on its
Environmental, Social and Governance (ESG) impact.
For more information visit: www.frenkeltoppinggroup.co.uk
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