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

+44 (0)20 7427 9169

 

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: 9084066


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
NRASDISWFFUSEFI
UK 100

Latest directors dealings