Mediclinic International plc Directorate Change (6105G)

TIDMMDC

RNS Number : 6105G

Mediclinic International plc

24 July 2019

Mediclinic International plc

(Incorporated in England and Wales)

Company Number: 08338604

LSE Share Code: MDC

JSE Share Code: MEI

NSX Share Code: MEP

ISIN: GB00B8HX8Z88

LEI: 2138002S5BSBIZTD5I60

("Mediclinic", or the "Company" or the "Group")

24 July 2019

DIRECTORATE CHANGES

APPOINTMENT OF TOM SINGER AS AN INDEPENDENT NON-EXECUTIVE DIRECTOR

Mediclinic announces that Tom Singer is to join its Board as an independent non-executive director with effect from 24 July 2019.

Dr Edwin Hertzog, Chairman of Mediclinic, commented:

"The Board is delighted to welcome Tom Singer as an independent non-executive director of the Company. His financial acumen and expertise in UK listed international hospitality and branded consumer businesses will be valuable additions to the Board's existing skillset."

Tom has extensive board experience and expertise in international branded consumer businesses and a thorough understanding of the UK listed environment. He has served as Chief Financial Officer of InterContinental Hotels Group PLC, a leading international hotel group, and British United Provident Association (BUPA), a provider of health insurance, care homes for the elderly and other health related services including private hospitals. Earlier in his career, Tom was Chief Financial Officer and Chief Operating Officer of William Hill PLC and Finance Director of Moss Bros PLC, having started his career in professional services spending a total of 12 years at Price Waterhouse and McKinsey. He currently serves as a non-executive director on the boards of DP Eurasia N.V., an operator of pizza restaurants in Turkey and Russia, and Liberty Living Group PLC, a provider of student accommodation in the UK.

Tom holds a degree in Economics and Accounting (University of Bristol), is a Chartered Accountant and has attended the Advanced Management Programme at INSEAD.

There are no disclosures required pursuant to paragraphs (1) to (6) of LR 9.6.13 R of the UK Listing Authority's Listing Rules in respect of this appointment. Tom Singer's fees will amount to GBP73 000 per annum, including the fee payable for membership of the Audit and Risk Committee as referred to below, which is in line with current independent non-executive directors.

CHANGES TO COMMITTEE MEMBERSHIPS

The Board also agreed to certain other changes to the membership of its committees. As announced on 15 November 2018, Desmond Smith, the Company's Senior Independent Director, will be retiring as a director of the Company upon the conclusion of the Company's Annual General Meeting being held today, at which point his memberships of all Board committees will cease. Alan Grieve will succeed Desmond Smith as Senior Independent Director of the Company and as Chairman of the Audit and Risk Committee. The Company also confirms the following Board committee changes:

Audit and Risk Committee:

With effect from 24 July 2019, Desmond Smith will step down as a member and Chairman of the Audit and Risk Committee. Alan Grieve will succeed Desmond Smith as Chairman of this Committee and Tom Singer will become a member of this committee from that date.

Nomination Committee:

With effect from 24 July 2019, Desmond Smith will step down as a member of the Nomination Committee and will be succeeded on that committee by Alan Grieve.

About Mediclinic International plc

Mediclinic is an international private healthcare services group, established in South Africa in 1983, with divisions in Switzerland, Southern Africa (South Africa and Namibia) and the United Arab Emirates.

The Group's core purpose is to enhance the quality of life by way of appropriate healthcare services.

Mediclinic is focused on providing specialist-orientated, multi-disciplinary services across the continuum of care in such a way that the Group will be regarded as the most respected and trusted provider of healthcare services by patients, medical practitioners, funders and regulators of healthcare in each of its markets.

Mediclinic comprises 77 hospitals, five sub-acute hospitals, 13 day case clinics and 21 outpatient clinics. Hirslanden operates 18 hospitals, two day case clinics and three outpatient clinics in Switzerland with more than 1 900 inpatient beds; Mediclinic Southern Africa operates 52 hospitals, five sub-acute hospitals and 9 day case clinics with more than 8 500 inpatient beds; and Mediclinic Middle East operates seven hospitals, two day case clinics and 21 outpatient clinics with more than 900 inpatient beds in the United Arab Emirates.

The Company's primary listing is on the London Stock Exchange ("LSE") in the United Kingdom, with secondary listings on the JSE Ltd in South Africa and the Namibian Stock Exchange in Namibia.

Mediclinic also holds a 29.9% interest in Spire Healthcare Group plc, a leading private healthcare group based in the United Kingdom and listed on the LSE.

For further information, please contact:

Company Secretary, Link Company Matters Limited

Jayne Meacham / Caroline Emmet

[phone]

Investor Relations, Mediclinic International plc

James Arnold, Head of Investor Relations

[e-mail]

[phone]

Media queries

FTI Consulting

Brett Pollard/Debbie Scott - UK

[phone]

Sherryn Schooling - South Africa

[phone]

Registered address: 6(th) Floor, 65 Gresham Street, London, EC2V 7NQ, United Kingdom

Website: www.mediclinic.com

Joint corporate brokers: Morgan Stanley & Co International plc and UBS Investment Bank

JSE Ltd sponsor: Rand Merchant Bank (A division of FirstRand Bank Ltd)

NSX sponsor: Simonis Storm Securities (Pty) Ltd

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July 24, 2019 09:50 ET (13:50 GMT)