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Clarification re Media Comment

10 Jun 2011 14:08

RNS Number : 2550I
Southern Cross Healthcare Grp PLC
10 June 2011
 



 

Friday 10 June 2011

 

 

Southern Cross Healthcare Group PLC

('Southern Cross', 'the Company' or 'the Group')

 

Clarification re Media Comment

 

Southern Cross, the UK's largest care home operator, wishes to make clear that there have been no decisions taken regarding the closure of any of its care homes. The Company remains in discussions with its landlords and banks to ensure the continuity of care for all residents.

 

As both the Company and the Government have stated this week, no residents will find themselves homeless or without care; everyone involved in the restructuring process is, and remains, committed to the continuity of quality care for all of our 31,000 residents.

 

Christopher Fisher, Chairman of Southern Cross, said:

 

"No decision has been taken to close any of our homes. We recognise that the current situation and continued media speculation will have caused concern to residents in Southern Cross care homes, and their relatives, and we apologise for this. Our primary concern in this matter remains the welfare of the residents living in our homes. The financial restructuring will not affect the provision of quality care in any of our homes."

 

 

Enquiries:

 

Southern Cross Healthcare Group PLC

 +44 (0)1483 757 696

Amy Kroviak, Director of Communications

 

Financial Dynamics

+44 (0)20 7831 3113

John Waples/ Ben Brewerton

 

 

 

About Southern Cross

 

Southern Cross is, in terms of number of beds, the largest UK provider of care home services for the elderly and a major provider of specialist services for people with physical and/or learning disabilities. The Group's care homes for the elderly operate under two distinct brands: Southern Cross Healthcare and Ashbourne Senior Living. Both brands provide a range of social and personal care services and nursing care services for elderly people with physical frailties and differing forms of dementia. The Group's specialist services operate under the Active Care Partnerships brand and provide long-term care services for people with physical and/or learning disabilities and for younger people with complex forms of challenging behaviour.

 

Southern Cross is focused on providing high quality care in well invested facilities, seeking to be the home of choice in each local community in which it operates. The Group provides care services for most of the local authorities in the UK which, together with the NHS, represent circa 78% of the Group's revenues. Its care home portfolio is largely purpose-built with a high percentage of single occupancy rooms and rooms with ensuite bathrooms.

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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Date   Source Headline
17th Oct 20129:45 amRNSDirectorate Change
31st Jul 201211:19 amRNSUpdate on progress of the CVAs
20th Jun 20123:33 pmRNSResult of Creditors and Shareholders meetings
31st May 20122:48 pmRNSNotice of CVA submitted
14th Dec 20114:59 pmRNSCorporate Update
15th Nov 20117:00 amRNSCorporate Update & Directorate Change
1st Nov 20114:00 pmRNSCare Home transfers to new operators
14th Oct 20116:03 pmRNSCompletion of Second Wave of Care Home Transfers
30th Sep 201111:54 amRNSFirst Transfers of Care Homes - Correction
30th Sep 20117:19 amRNSFirst Transfers of Care Homes and Board Changes
27th Sep 20119:58 amRNSRestructure Update
15th Sep 20117:00 amRNSCorporate Update
8th Sep 201112:40 pmRNSCorporate Update
1st Sep 20115:00 pmRNSCorporate Update
31st Aug 20117:00 amRNSCorporate Update
19th Aug 201111:16 amRNSInterim Management Statement
29th Jul 20115:33 pmRNSCorporate Update
18th Jul 20112:29 pmRNSRestructuring Update
12th Jul 20113:58 pmRNSDirectorate Change
12th Jul 20112:26 pmRNSGeneral Meeting
11th Jul 20117:30 amRNSTemporary Suspension - Southern Cross Healthcare
11th Jul 20117:00 amRNSRestructuring Update
5th Jul 20114:40 pmRNSSecond Price Monitoring Extn
5th Jul 20114:35 pmRNSPrice Monitoring Extension
4th Jul 20114:35 pmRNSPrice Monitoring Extension
30th Jun 20116:24 pmRNSCorporate Update
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23rd Jun 20115:14 pmRNSHolding(s) in Company
20th Jun 20115:34 pmRNSHolding(s) in Company
16th Jun 20117:00 amRNSRestructuring Update
15th Jun 20115:11 pmRNSHolding(s) in Company
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10th Jun 20112:08 pmRNSClarification re Media Comment
8th Jun 201112:03 pmRNSNew Horizons Programmme Update
6th Jun 201110:30 amRNSNotice of General Meeting
23rd May 20114:35 pmRNSPrice Monitoring Extension
19th May 20117:00 amRNSHalf Yearly Report
18th May 20116:09 pmRNSHolding(s) in Company
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13th May 20114:35 pmRNSPrice Monitoring Extension
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6th May 20112:56 pmRNSNotice of Results
18th Apr 20112:02 pmRNSLender Update
14th Apr 201110:30 amRNSMeeting with Principal Landlords
12th Apr 20117:00 amRNSBoard Changes and Restructuring Update
5th Apr 20113:35 pmRNSHolding(s) in Company
5th Apr 20119:42 amRNSHolding(s) in Company
31st Mar 20113:53 pmRNSHolding(s) in Company
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