Jayex to sell its on-premises Acute (hospital) queue management...

Jayex to sell its on-premises Acute (hospital) queue management business for £1.3M (3.1x
recurring earnings) to Canadian based medical technology company Vitalhub Inc with
completion expected end of April 2021

• Vitalhub to purchase all existing hospital contractsin the UK and Australia from Jayex, including
an Enlighten license to operate the services
• Transaction value of £1.3M (~$2.4M AUD) in cash and Vitalhub shares + additional earn out
capacity of up to £1.0M (~$1.8M AUD)
• Jayex retains all IP and ownership of the Enlighten technology stack
• Divestment enables Jayex to focus on core and higher-margin NHS GP (Primary Care) and
Community markets and increase services offered through its SaaS based Connect platform
• Funds released for the development of NZ based cannabis subsidiary

Now were funded for development of the Medical Marijuana... No cash raise needed this is sounding better by the minute