Assura PLC Appointment of CEO (8867X)

TIDMAGR

RNS Number : 8867X

Assura PLC

27 February 2017

27 February 2017

Assura plc

Appointment of Jonathan Murphy as Chief Executive Officer

Assura announces that the Board has today appointed Jonathan Murphy as the Group's new Chief Executive Officer with immediate effect. Jonathan has been Interim CEO since 3 October 2016 and Finance Director since 2 January 2013 and therefore brings unparalleled knowledge and experience to the role.

The Board will now commence a search for a new Finance Director.

Simon Laffin, Non-Executive Chairman, said:

"During the last few months as Interim CEO, Jonathan Murphy has proved himself a very capable leader of Assura. The Board believes that he is the right person to take the Group forward and we are delighted to confirm him permanently in the role of Chief Executive Officer."

Jonathan Murphy said:

"Assura continues to trade well with further strong growth, as shown by our recent trading update. I am very excited to get this opportunity to lead Assura as it creates value for shareholders and provides capital to the primary care sector, particularly now as the NHS needs more services from the sector to improve care for patients."

There is no information required to be disclosed pursuant to Listing Rule 9.6.14R

- Ends -

For more information, please contact:

 
 
  Assura plc       Tel: [phone] 
Jonathan Murphy 
 
  Finsbury         Tel: [phone] 
Gordon Simpson 
 

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 2016, Assura's property portfolio was valued at GBP1,227 million.

Consistent with the Director's Remuneration Policy approved by shareholders at the AGM on 19 July 2016, Jonathan will be paid a base salary of GBP335kpa, a pension allowance of 13.5% and annual bonus of up to 100% base salary, with a performance share plan of up to 150% base salary.

Further information is available at www.assuraplc.com

*EPRA is a registered trademark of the European Public Real Estate Association

This information is provided by RNS

The company news service from the London Stock Exchange

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February 27, 2017 02:01 ET (07:01 GMT)