Directorate Change

RNS Number : 9243L

Assura Group Limited

08 August 2011

 



8 August 2011

Assura Group Limited ("Assura" or the "Company")

Directorate Change

Notice of Annual General Meeting

On 5 April 2011, Assura announced that Rodney Baker-Bates, Assura's non-executive Chairman, had notified the Board that he wished to step down once a suitable successor had been identified.  The Board is pleased to announce that Simon Laffin has been appointed as a non-executive director of the Company with immediate effect and will be appointed as non-executive Chairman at the conclusion of the Company's AGM on 8 September 2011.

Simon is currently a non-executive director of Aegis Group plc and Quintain Estates & Development PLC, an advisor to CVC Capital Partners and chairman of Hozelock Group.  Previously, he has served as non-executive chairman of Mitchells & Butlers plc and as a director of Northern Rock Plc, as part of the rescue team.  Between 1995 and 2004 he was group CFO of UK grocery retailer Safeway plc, latterly also responsible for property, which he joined in 1990.  Prior to that, Simon held a variety of finance and management roles in Mars Confectionery, Rank Xerox and BP.  He is a qualified accountant.

Rodney Baker-Bates commented:  "We are very pleased to welcome Simon Laffin to the Assura Board.  His corporate and property experience will be invaluable and I am sure he will be a very effective Chairman for the Group when he takes over following our AGM in September."

Simon Laffin commented:  "I am delighted to have joined the Assura Board.  Assura operates in an attractive market with a high quality portfolio.  Having divested its non-core businesses, Assura is now at an exciting time in its development, able to concentrate solely on its medical property interests.  I look forward to working with the Board to continue the current improvement in performance and to realise further value."

There is no other information required to be disclosed pursuant to Listing Rule 9.6.13R in respect of Simon Laffin.

In addition, the company announces that it has today posted hard copies of the Notice of Annual General Meeting and Form of Proxy.

A copy of the following documents has been uploaded to the UKLA National Storage Mechanism and will shortly be available for inspection at www.hemscott.com/nsm.do:

·      Notice of AGM; and

·      Form of Proxy.

Enquiries

For further information, please contact:

Assura Group Limited	Tel: [phone]
Nigel Rawlings, Chief Executive Officer
Cenkos Securities	Tel: [phone]
Ian Soanes, Adrian Hargrave
Investec Securities	Tel: [phone]
Gary Clarence, Daniel Adams
Financial Dynamics	Tel: [phone]
Ben Atwell, Stephanie Cuthbert

 

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