Ed Smith resigns as Assura Chair amid PHP takeover
Investing.com -- Assura plc said on Tuesday that Ed Smith, CBE, has resigned from his position as Non-Executive Chair and director with immediate effect.
Smith joined the Assura Board in 2017 and became Chair in 2018. During his tenure, he provided oversight of the company’s strategy and governance, leveraging his health service, public sector, and business experience.
The board noted the offer for Assura by Primary Health Properties PLC (LON:PHP), which was declared wholly unconditional on August 12, 2025, and remains open for acceptance.
If PHP acquires 75% or more of Assura’s voting rights, it plans to delist Assura’s shares from both the London Stock Exchange (LON:LSEG) and Johannesburg Stock Exchange.
Following Smith’s departure, the board has appointed Senior Non-Executive Director Jonathan Davies as Chair.
Jonathan Murphy, Chief Executive Officer of Assura, thanked Smith for his "huge contribution to the success of Assura over the past seven years," adding that his guidance and support to the team had been "invaluable."
Davies, the new Non-Executive Chair, praised Smith’s leadership and stewardship, highlighting his role in driving Assura’s performance and developing its long-term strategy while maintaining focus on its social purpose and support for the NHS.
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