1 Nov 2011 16:00

1 November 2011
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Southern Cross Healthcare PLC
("Southern Cross", or "the Company" or "the Group")
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Completion of third wave of Care Home transfers to new operators
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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.
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Completion of these transfers represents a major step in winding down the Group's operations.
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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.
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Enquiries:
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Southern Cross Healthcare Group PLC | +44 (0)1325 351100 |
Amy Kroviak, Director of Communications |
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FTI Consulting | +44 (0)20 7831 3113 |
John Waples / Ben Brewerton | Â |
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