Mediclinic International plc
(Incorporated in England and Wales)
Company Number 8338604
LSE Share Code: MDC
JSE Share Code: MEI
NSX Share Code: MEP
("Mediclinic" or "the Company")
25 July 2018
APPOINTMENT OF DR ANJA OSWALD AS AN INDEPENDENT NON-EXECUTIVE DIRECTOR
Mediclinic announces that Dr Anja Oswald is to join its Board as an independent non-executive director with effect from 25 July 2018.
Dr Edwin Hertzog, Chairman of Mediclinic, commented:
"The Board is delighted to welcome Dr Oswald as an independent non-executive director of the Company. Her expertise in the Swiss healthcare system, health politics and the regulatory environment, surgical medicine, general management and the development of business strategies will be valuable additions to the Board."
Dr Oswald is the CEO of the Klinik Sonnenhalde, a well-established private clinic for psychiatry and psychotherapy with inpatients, day-care clinics and outpatients in Riehen, Switzerland and is Vice-President of the Association of Private Hospitals in Basel. Prior to this, she was Head of Medical and Pharmaceutical Services and Deputy Medical Officer in the Department of Health of the Cantonal Government in Basel and a member of various cantonal, regional and national committees. Dr Oswald was also CEO of a start-up company in the health care sector and worked several years as a Medical Doctor in different hospitals.
Dr Oswald holds a Masters in Business Administration from the Rochester-Berne Executive MBA, a Doctorate in Medicine from the University of Basel specialising in orthopaedic surgery and traumatology as well as in sports medicine. She passed the Board School at the International Centre of Corporate Governance of the University of St. Gallen.
There are no disclosures required pursuant to paragraphs (1) to (6) of LR 9.6.13 R of the UK Listing Authority's Listing Rules in respect of this appointment. Dr Oswald's fees will amount to £80,000 per annum, including the fees payable for committee memberships referred to in more detail below, which is in line with current independent non-executive directors.
CHANGES TO COMMITTEE MEMBERSHIPS
The Board also agreed to certain other changes to the membership of its committees. As announced on 29 March 2018, following the resignations of Ms Nandi Mandela and Prof Dr Robert Leu as independent non-executive directors at the conclusion of the Annual General Meeting to be held today, their memberships of all Board committees will cease at that point. Accordingly, the Company confirms the following Board committee changes:
With effect from 25 July 2018, Prof Dr Robert Leu will step down as a member of the Remuneration Committee and Dr Anja Oswald will be appointed as a member of the Remuneration Committee.
With effect from 25 July 2018, Prof Dr Robert Leu and Mr Trevor Petersen will step down as members of the Nomination Committee and will be replaced on that committee by Dr Felicity Harvey and Dr Anja Oswald.
Clinical Performance and Sustainability Committee:
With effect from 25 July 2018, Prof Dr Robert Leu, Mr Danie Meintjes and Ms Nandi Mandela will step down as members of the Clinical Performance and Sustainability Committee. Mr Seamus Keating and Dr Ronnie van der Merwe will become members of the Clinical Performance and Sustainability Committee from that date.
With effect from 25 July 2018, Mr Seamus Keating will step down as a member of the Investment Committee and Dr Ronnie van der Merwe will be appointed as a member of the Investment Committee.
About Mediclinic International plc
Mediclinic is an international private healthcare services group with operating divisions in Switzerland, Southern Africa (South Africa and Namibia) and the United Arab Emirates. Its core purpose is to enhance the quality of life of patients by providing acute care, specialist-orientated, multi-disciplinary healthcare services. Mediclinic also holds a 29.9% interest in Spire Healthcare Group plc, an LSE-listed and UK-based private healthcare group.
Mediclinic comprises 75 hospitals and 30 clinics. Hirslanden operates 17 private acute care facilities and 4 clinics in Switzerland with more than 1 800 inpatient beds; Mediclinic Southern Africa operates 49 hospitals and 2 day clinics throughout South Africa and 3 hospitals in Namibia with more than 8 100 inpatient beds in total; and Mediclinic Middle East operates 6 hospitals and 24 clinics with more than 700 inpatient beds in the United Arab Emirates.
Mediclinic has a primary listing on the Main Market of the LSE in the United Kingdom, with secondary listings on the JSE in South Africa and the NSX in Namibia.
For further information, please contact:
Company Secretary, Link Company Matters Limited
Jayne Meacham / Caroline Emmet
+44 (0)20 7954 9569
Investor Relations, Mediclinic International plc
James Arnold, Head of Investor Relations
+44 (0)20 3786 8181
Brett Pollard/Debbie Scott - UK
+44 (0)20 3727 1000
Sherryn Schooling - South Africa
+27 (0)21 487 9000
Registered address: 6th Floor, 65 Gresham Street, London, EC2V 7NQ, United Kingdom
Corporate broker: Morgan Stanley & Co International plc
JSE sponsor: RAND MERCHANT BANK (A division of FirstRand Bank Limited)
NSX sponsor: Simonis Storm Securities (Pty) Ltd