Assura PLC Directorate Change (5250I)
22 March 2018 - 6:02PM
UK Regulatory
TIDMAGR
RNS Number : 5250I
Assura PLC
22 March 2018
22 March 2018
Assura plc
Directorate Change
Assura plc ("Assura" or the "Company"), the leading investor and
developer of primary care properties, announces today that Simon
Laffin intends to retire as Non-Executive Chairman and a Director
of the Company at the conclusion of the AGM on 10 July. Simon was
appointed Chairman in 2011 and served over a period which has seen
Assura grow strongly, join the FTSE 250 Index and establish itself
as the leader in its sector.
Simon indicated to the Board last year that he was considering
retiring after seven years in the role. Accordingly, the Board
initiated a search for a new non-executive director, who could
provide possible succession to the Chairman. Following the search
process, Ed Smith joined the board in October last year as a
Non-Executive Director. The Board now intends to appoint Ed as
Non-Executive Chairman at the AGM.
Simon Laffin, Non-Executive Chairman, commented; "It has been a
privilege to have been involved with Assura over the last seven
years, and to see it grow and develop so well over this time.
Assura exists to support the NHS with its primary care property, as
well as providing an attractive return to its shareholders. I am
proud that Assura has performed so well on both these objectives. I
wish my successor, Ed Smith, all the best in his future role."
David Richardson, Senior Independent Director, commented;
"Simon's vision and determination for the company has guided it
through a turnaround from a business suffering severe financial
difficulties in 2011 to the well-financed and focused Company we
have today. He leaves a strong management team and Board in place.
He retires with our thanks and best wishes for the future. I'm
delighted that Ed has agreed to take on the role of Chairman."
Ed Smith, Non-Executive Director commented: "I feel privileged
to have been asked to take over as Non-Executive Chairman from
Simon, whose leadership in the last seven years has built Assura
into the leading business in its sector. I very much look forward
to working with the Board and the executive team to deliver further
success into the future."
- Ends -
For more information, please contact:
Assura plc Tel: 01925 420660
Orla Ball
Edelman
Mav Wynn Tel: 0203 047 2546
Rob Yates
Notes to Editors
Assura plc, a constituent of the FTSE 250 and the EPRA* indices,
is a UK REIT and long-term investor in and developer of primary
care property. The company, headquartered in Warrington, works with
GPs, health professionals and the NHS to create innovative property
solutions in order to facilitate delivery of high quality patient
care in the community. At 30 September 2017, Assura's property
portfolio was valued at GBP1.56 billion.
Ed Smith
Ed Smith was Chairman of NHS Improvement for two years and
Deputy Chairman and SID of NHS England for four years. He is
Chairman of the HCA Healthcare UK Advisory Board and also the Pro-
Chancellor and Chairman of Council at the University of Birmingham.
He was the former Global Assurance Chief Operating Officer and
Strategy Chairman of PricewaterhouseCoopers (PwC). Before retiring
from PwC, he had a 30- year career including as a Senior Partner,
holding many leading board and top client roles in the UK and
globally.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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