Response to speculation
Board confirms it is evaluating strategic options including a potential sale of the company.
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THIS IS AN ANNOUNCEMENT FALLING UNDER RULE 2.4 OF THE CITY CODE ON TAKEOVERS AND MERGERS (THE "CODE") AND DOES NOT CONSTITUTE AN ANNOUNCEMENT OF A FIRM INTENTION TO MAKE AN OFFER UNDER RULE 2.7 OF THE CODE AND THERE CAN BE NO CERTAINTY THAT ANY FIRM OFFER WILL BE MADE, NOR AS TO THE TERMS ON WHICH ANY OFFER MIGHT BE MADE
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION
Spire Healthcare Group plc ("Spire", the "Company")
Response to speculation
The Board of Spire notes the recent media speculation.
As announced at the Company's results for the six months ended 30 June 2025, the Board is pleased with the progress made in implementing strategic and efficiency initiatives but believes that these, together with Spire's freehold property and a well invested asset base, are not yet reflected by the market in full. The Board therefore continues to actively evaluate appropriate action that could drive long term shareholder value.
As part of this, the Company confirms that it is working actively with its lead financial adviser Rothschild & Co and has commenced a process to hold discussions with a number of parties in relation to a range of potential options, which may include (but is not limited to) a potential sale of the Company. This process is highly preliminary and no decision has been made regarding whether any such option will be pursued at this stage.
There can be no certainty either that any offer will be made for the Company nor as to the terms of any offer, if made. The Company is not in receipt of any approaches and is not in discussions with any parties in respect of a potential sale of the Company at the time of this announcement.
The Board will make a further announcement in due course.
Code dispensations
The Takeover Panel Executive has granted a dispensation from the requirements of Rules 2.4(a) and 2.4(b) of the Code such that Spire is not required to identify in this announcement any potential offeror with which the Company is in talks, or from which an approach has been received, unless that potential offeror is specifically identified in any rumour or speculation.
The person responsible for making this announcement is: Mantraraj Budhdev, Group General Counsel and Company Secretary
Notice related to financial advisers
Rule 26.1 disclosure
Rule 2.9 information
Additional Information
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.