Doctor Care Anywhere Group PLC announced a further variation of its Master Services Agreement and a variation of its Joint Venture Agreement with its strategic partner, AXA PPP healthcare Group Limited. In the Company's Prospectus dated 30 October 2020 it was disclosed that the Company's Joint Venture with AXA Health generated revenue from the provision of the Enhanced Doctor@Hand service. The Company's MSA and JVA have been varied such that Doctor Care Anywhere's share of revenue generated from this service will be paid directly to Doctor Care Anywhere.

The Joint Venture will be paid a licence fee by Doctor Care Anywhere and AXA Health in respect of the use of its technology assets. From the effective date of 1 April 2022, this change will result in materially improved revenue and margins for Doctor Care Anywhere, whilst also accelerating the timing of cash inflows.