Primary Health Properties PLC

Board/Management Information • Jan 14, 2020

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RNS Number : 6474Z

Primary Health Properties PLC

14 January 2020

Primary Health Properties PLC

Board changes

Primary Health Properties PLC (the "Company" or "PHP"), a leading investor in modern primary healthcare facilities, announces that following a review of the skills, experience and knowledge of the Board and the consideration of its size and composition as part of the Nomination Committee's annual evaluation process, a Board of six, consisting of four independent non-executive directors and two executive directors is the appropriate size for PHP going forward, given the relative simplicity of the business model. 

Accordingly, a replacement for Helen Mahy, whose decision to retire at the Company's Annual General Meeting ("AGM") scheduled for April 2020 was announced in November 2019, will not be made and Dr Stephen Kell will not be standing for re-election at the AGM.

Following the completion of the AGM Ian Krieger will become the Senior Independent Director and Peter Cole will become the Chairman of the Remuneration Committee.

Steven Owen, Chairman, commented:

"On behalf of the Board, I wish to thank both Helen and Stephen for their valuable contributions and perspectives to the discussions at our Board meetings and, in particular to Helen, for her assistance in ensuring the successful completion of the merger between PHP and MedicX.  We wish both Helen and Stephen every success in the future."

More information on Primary Health Properties PLC can be found on www.phpgroup.co.uk

Further details:

Steven Owen Chairman Tel: +44 (0) 20 7451 7050	Harry Hyman Managing Director Tel: +44 (0) 20 7451 7050
David Rydell / Steph Watson (Buchanan Communications) Tel: +44 (0) 20 7466 5066

Legal Entity Identifier: 213800Y5CJHXOATK7X11

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