Milton Keynes hospital contract termination

RNS Number : 7268A

Spire Healthcare Group PLC

31 May 2019

 

Spire Healthcare Group plc

("Spire Healthcare", "the Company" or "the Group")

Milton Keynes hospital contract termination

31 May 2019

Spire Healthcare Group plc (LSE: SPI), the major UK independent hospital group, announces that having reviewed the proposed project to build a new hospital in Milton Keynes, it has decided not to proceed.

Spire first announced its plan to develop a new hospital in the Milton Keynes area on 7 July 2017. The costs associated with the potential development of the site (£3.6m) were written off in FY18 results, although discussions with the Milton Keynes Development Partnership continued.

Spire has now terminated the contract with the Milton Keynes Development Partnership and will not proceed with the project.

-Ends-

For further information please contact:

Spire Healthcare:

Cora McCallum, Investor Relations Director

[phone]

Instinctif:

Damian Reece

Guy Scarborough

[phone]

Registered office and head office:

Spire Healthcare Group plc

3 Dorset Rise

London

EC4Y 8EN

Registered number: 9084066

 

END

 

 

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