Primary Health Properties PLC

Board/Management Information • Apr 5, 2016

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RNS Number : 2667U

Primary Health Properties PLC

05 April 2016

Primary Health Properties PLC

Appointment of new Directors

Primary Health Properties PLC (the "Company" or "PHP"), the UK's leading investor in modern primary healthcare facilities is delighted to announce the appointment to the Board of Geraldine Kennell and Nick Wiles as independent non-executive Directors.

Geraldine Kennell has over 20 years' experience in private equity and was until recently a partner of Silverfleet Capital LLP, an independent European private equity firm specialising in mid-market buyouts.  She has formerly served on the boards of a number of companies, including Ivy Topco Limited (holding company of the ipes group of companies), TMF Group Holdco BV, Link Financial Limited and Birthdays Limited.

Nick Wiles retired as Chairman of UK investment banking at Nomura in 2012. He has worked in banking for more than 20 years, with the majority of this time at Cazenove & Co. where he was a partner prior to incorporation and a Vice Chairman of JP Morgan Cazenove. Nick was a non-executive director of Strutt & Parker and is currently non-executive chairman of PayPoint plc.

There are no other details to disclose under Listing Rule 9.6.13

Shareholders will have an opportunity to vote on these appointments at the next annual general meeting of the Company, to be held in 2017.

As reported with the Company's 2015 full year results on 4 February 2016, the Company confirms that Mr James Hambro and Mr William Hemmings ceased to be directors of the Company following the Annual General Meeting of the Company held on 5 April 2016 at which they did not stand for re-election.

Mr Hambro was a founder Director of the Company, having served since February 1996 and Mr Hemmings was appointed in June 2012 having been an Alternate Director since 2000.

The Board expresses its gratitude to both directors for their valuable service.

Alun Jones, Chairman of PHP, commented:

"On behalf of the Board, I would also like to thank both James and William for their commitment, contribution and role in growing PHP since it was first listed 20 years ago. We are extremely grateful for all they have done.  I am delighted to welcome both Geraldine and Nick to the Board. They bring with them a wealth of experience and the Company will benefit from their expertise as it continues to grow."

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

For further information contact:

Harry Hyman Managing Director Tel: +44 (0) 20 7451 7050	Phil Holland Finance Director Tel: +44 (0) 20 7104 5599
David Rydell / Elizabeth Snow / Eve Kirmatzis Bell Pottinger T +44 (0) 20 3772 2582

This information is provided by RNS

The company news service from the London Stock Exchange

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