SHG raises £300,000

The Board of Sutherland Health Group announces that it has raised £300,000

                                                                                                                                              12 APRIL 2011
                                                SUTHERLAND HEALTH GROUP PLC
                                    ("Sutherland Health Group" or "the Company")
                                                         PLUS Symbol: SHGP
                                                        £300,000 Fundraise


The Board of Sutherland Health Group, a national supplier of patient hygiene, sexual health and diagnostic products to customers including the NHS, announces that it has raised £300,000 via the issue of £200,000
unsecured convertible loan notes 2015 and the placing of 5,714,285 shares at 1.75p per share thereby raising £100,000. The funds will be used to continue the development of the Company’s brands by supporting the extended range of products’ move into the new distribution channels.


As part of the terms of the Loan Notes, the Company has granted warrants over 7,100,000 ordinary shares in the Company exercisable (at an exercise price of £0.016 per ordinary share) once the Company’s
shares are trading at a market price of £0.0275, for a minimum of ten consecutive days at any time within 2 years from grant.

Following the above fundraise, the directors collectively hold 44.23% of the Company’s issued share capital.

The total ordinary shares of 0.2p each in issue are 69,402,345.

The Directors of the Issuer accept responsibility for this announcement.


For further information:
John French, Chairman
Sutherland Health Group plc
E: john@sutherlandhealth.com
T: 07836 722 482
 

Heena Karani
Rivington St Corporate Finance Ltd
E: heena.karani@rs-cf.com
T: 0207 562 3393
Notes to Editors:
 

Sutherland Health Group Plc is a national supplier of patient hygiene,sexual health and diagnostic products to the UK National Health Service(NHS) and other UK customers. Its aim is to supply innovative solutions tocurrent health issues by studying current trends and working alongsideleading professionals who also work within the health sector.

The company is committed to developing and marketing high quality
brands and products that will benefit health professionals and consumers a like in many areas of health.The Group has established its own brands:Condomania® Condoms; Sutherland® Patient Hygiene and Personal Care; Lubricating Jelly; and Vision® pregnancy and gynaecologydiagnostics. These products have already become established within the NHS business.

The Group is ISO and MHRA registered, and at present principallyoperates within the United Kingdom.

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