Care Home transfers to new operators (2896R)
02 11월 2011 - 1:00AM
UK Regulatory
TIDMSCHE
RNS Number : 2896R
Southern Cross Healthcare Grp PLC
01 November 2011
1 November 2011
Southern Cross Healthcare PLC
("Southern Cross", or "the Company" or "the Group")
Completion of third wave of Care Home transfers to new
operators
Southern Cross announces that following approval of the relevant
regulators, a further 417 care homes have transferred yesterday to
new operators bringing the total number of transfers since 30
September to 705. The remaining homes are expected to transfer in
mid-November.
Completion of these transfers represents a major step in winding
down the Group's operations.
The Company also confirms that today, David Smith, Finance
Director, leaves the Southern Cross Board to take up the position
of Finance Director of HC-One.
Enquiries:
Southern Cross Healthcare Group PLC +44 (0)1325 351100
Amy Kroviak, Director of Communications
FTI Consulting +44 (0)20 7831 3113
John Waples / Ben Brewerton
This information is provided by RNS
The company news service from the London Stock Exchange
END
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