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All Group media enquiries should be directed to
Vanessa Maydon, Corporate Affairs Director.

Cinven Partners LLP
Warwick Court
Paternoster Square
London EC4M 7AG

 

Tel: +44 (0)20 7661 3325
Mob: +44 (0)7802 961 902
Email: Vanessa Maydon

Press releases

Spire Healthcare
15 January 2015

Cinven Completes Partial Sale of Spire Healthcare plc Ordinary Shares

Further to the announcement by Cinven on 14 January 2015, Cinven, through certain of its funds as defined below, has completed the sale of 40,108,139 ordinary shares in Spire Healthcare Group plc ("Spire") at a price of 315 pence per share, raising gross proceeds of £126.3 million.

Following the offering, Cinven holds 193.9 million ordinary shares of Spire, representing 48.3% of the issued ordinary share capital.

Following the transaction, Cinven has agreed to a 90-day lock-up from pricing in respect of its shareholding in the Company, subject to certain customary carve-outs and the ability for Cinven to pledge shares, provided that if such pledge is enforced any transferees must agree to be bound by these same lock-up restrictions.

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