Premier Veterinary Group PLC PREMIER PET CARE PLAN LAUNCHED IN FRANCE (6753A)
June 09 2016 - 2:00AM
UK Regulatory
TIDMPVG
RNS Number : 6753A
Premier Veterinary Group PLC
09 June 2016
PREMIER VETERINARY GROUP plc
("PVG" or "the Company")
PREMIER PET CARE PLAN LAUNCHED IN FRANCE AS PREMIER VETOPLAN
London, UK, 9 June 2016 - Premier Veterinary Group plc (LSE:
PVG) announces that its preventative healthcare program for pets,
branded "Premier Pet Care Plan" ("PPCP") in the UK, has been
launched in France as Premier VetoPlan ("PVP") following the recent
France Vet exhibition.
The first Business Development Manager and support training
manager have been appointed and the initial primary focus will be
on Paris and the Ile de France region that surrounds the capital.
At the France Vet exhibition, the first contract for PVP was signed
with a clinic in Toulouse in the south of the country.
The available market for preventative healthcare programs for
pets across France is estimated at over 7 million dogs - similar to
the UK - and over 11 million cats - more than 30% higher than the
UK (Source: FACCO, France). There are approximately 6,000
veterinary practices in France.
Dominic Tonner, Chief Executive Officer of PVG, commented:
"Following our successful rollout of PPCP in the Netherlands, we
have been reviewing the market opportunity in several other major
European territories. We have now launched a bespoke preventative
healthcare program for France where we see an exciting opportunity
for rapid growth."
For further information, please contact:
Premier Veterinary Group plc Tel: +44 (0)117 970 4130
Dominic Tonner, Chief Executive Officer
Daniel Smith, Chief Financial Officer
Square1 Consulting Tel: +44 (0)207 929 5599
David Bick/Brian Alexander
Note to Editors:
PVG's services to third party veterinary practices, through its
wholly-owned subsidiary Premier Vet Alliance Limited ("PVA"),
include the administration and support of a preventative healthcare
program for pets branded "Premier Pet Care Plan"; and the operation
of a buying group (the "PVA Buying Group") in the UK and Ireland,
which offers enhanced discounts to member practices on
pharmaceutical and consumable spending. In the US, Premier Pet Care
Plan is marketed through the Company's wholly-owned subsidiary,
Premier Vet Alliance (US) Limited.
Premier Pet Care Plan is a structured, preventative healthcare
program for cats, dogs and rabbits and is available only through
veterinary practices. The program is seen as a way of providing
gold standard care for pets at an affordable price for the client,
by way of fixed monthly payments.
Premier Pet Care Plan uses a clinical approach to prevention, as
this is the most effective method of ensuring illnesses are
diagnosed more quickly and not given a chance to advance. What
truly sets Premier Pet Care Plan apart is its unique approach of
offering an end-to-end solution and support to the practice, which
has been proven to work extremely well. PVA works alongside
practices to create a tailor-made, cost-effective service for
clients, one that delivers excellent care to their patients and
significantly improves practice performance.
The PVA Buying Group, is now the UK's largest veterinary buying
group without group interests in veterinary practices or veterinary
wholesalers offering its members the best discounts across the
industry on pharmaceutical and consumable spend.
For further details: http://www.premiervetalliance.co.uk/
This announcement includes "forward-looking statements" which
include all statements other than statements of historical facts,
including, without limitation, those regarding the Company's
financial position, business strategy, plans and objectives of
management for future operations, and any statements preceded by,
followed by or that include forward-looking terminology such as the
words "targets", "believes", "estimates", "expects", "aims",
"intends", "will", "can", "may", "anticipates", "would", "should",
"could" or similar expressions or the negative thereof. Such
forward-looking statements involve known and unknown risks,
uncertainties and other important factors beyond the Company's
control that could cause the actual results, performance or
achievements of the Company to be materially different from future
results, performance or achievements expressed or implied by such
forward-looking statements. Such forward-looking statements are
based on numerous assumptions regarding the Company's present and
future business strategies and the environment in which the Company
will operate in the future. These forward-looking statements speak
only as at the date of this announcement. The Company expressly
disclaims any obligation or undertaking to disseminate any updates
or revisions to any forward-looking statements contained in this
announcement to reflect any change in the Company's expectations
with regard thereto or any change in events, conditions or
circumstances on which any such statements are based. As a result
of these factors, readers are cautioned not to rely on any
forward-looking statement.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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