Assura Non-Executive Director David Richardson To Retire

LONDON (Alliance News) - Assura PLC, a investment company focused on primary care properties, ...

Alliance News 20 May, 2019 | 1:06PM
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LONDON (Alliance News) - Assura PLC, a investment company focused on primary care properties, said Monday that Non-Executive Director David Richardson intends to retire at the conclusion of the annual general meeting on July 2.

"David indicated to the board last year that he was considering retiring after seven years in the role. Accordingly, the board initiated a search for a new non-executive director, who could provide possible succession for David and Jonathan Davies joined the board in June last year as a Non-Executive Director. The board now intends to appoint Jonathan as chairman of the Audit Committee and Senior Independent Director at the AGM," the company said.

Assura Non-Executive Chair Ed Smith said: "I would like to thank David on behalf of our shareholders and the board for his fantastic contribution to Assura over 7 years. His experience and wisdom have been invaluable in ensuring strong growth in our business and sound Governance and we wish him well in his retirement from our board".

Shares in Assura were trading 0.3% lower at 60.51 pence each on Monday afternoon.

By Tapan Panchal; tapanpanchal@alliancenews.com

Copyright 2019 Alliance News Limited. All Rights Reserved.

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Securities Mentioned in Article
Security Name Price Change (%) Morningstar Rating
Assura PLC 64.00 GBX 0.47 -
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