Spire Healthcare Group PLC Sale of site of former Spire Manchester Hospital (5294C)
01 October 2018 - 8:02PM
UK Regulatory
TIDMSPI
RNS Number : 5294C
Spire Healthcare Group PLC
01 October 2018
Spire Healthcare Group plc
("Spire Healthcare" or the "Company")
Sale of site of former Spire Manchester Hospital
1 October 2018
Spire Healthcare Group plc (LSE: SPI), a leading UK independent
hospital group, is pleased to confirm the sale of the site of its
former hospital at Whalley Range, Manchester, to The Council of the
City of Manchester for a consideration of GBP4.25 million (GBP4.05
million after costs).
The proceeds from sale will be used to reduce net debt. The
impact of the profit on disposal will be treated as an exceptional
item and will not impact EBITDA.
The Company opened its new, purpose-built Spire Manchester
Hospital in Didsbury in January 2017 following the successful
transition from the former hospital at Whalley Range.
For further information please contact:
Spire Healthcare
Antony Mannion, Investor Relations Director
+44 (0)20 7427 9160
Instinctif
Damian Reece
Guy Scarborough
+44 (0)20 7457 2020
REGISTERED OFFICE AND HEAD OFFICE
Spire Healthcare Group plc
3 Dorset Rise
London
EC4Y 8EN
Registered number 09084066
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