13.01.2016 08:42:00

GHP Specialty Care AB: Tobias Linebäck Appointed to Lead GHP International

Regulatory News:

GHP Specialty Care AB (publ) (GHP) (STO:GHP) has appointed the company’s CFO and Deputy CEO Tobias Linebäck to lead GHP’s business operations outside the Nordic region. The business area is changing name to GHP International and the primary focus is the Group’s expanded business operations in the United Arab Emirates.

On 23 December 2015, GHP announced that the Group had won a comprehensive procurement process regarding management of public health care in the United Arab Emirates (UAE).

The agreement will run for five years, with a possible extension of at least a further five years and comprises the managing and operating of two hospitals (which include emergency, women’s and children’s divisions) and a diabetes centre that is currently operated by GHP. When fully operational, these will take care of more than 200,000 patients per year, of whom half are estimated to be accident and emergency cases which is on a par with Sweden’s major Accident and Emergency hospitals.

During the spring and summer of 2016, GHP will carry out comprehensive situation analyses and preparatory work so as to be able to take over the running of the hospitals in the third quarter.

Tobias Linebäck, today the CFO and Deputy CEO of GHP, has been appointed to lead GHP International. He assumes his role immediately and thus leaves his position as CFO. It is estimated that a permanent replacement will be in place within 6 months. Susanna Laursen assumes the role of interim CFO immediately and will be part of GHP’s senior management team. Susanna has 17 years’ experience as a CFO, including positions at Unfors RaySafe and MTV Produktion (listed on the stock exchange). Tobias will remain as Deputy CEO of the GHP Group.

"Together with GHP’s local management in the UAE, Tobias was in charge of the procurement process, and with his many years of experience from various roles at GHP we see him as extremely suited to taking on this assignment,” says GHP’s CEO, Daniel Öhman.

"It will be an incredibly exciting challenge to be part of this important expansion of business operations and to be able to show how GHP runs quality-based health care. In the longer term we also see that this agreement can enable further new business opportunities in the UAE and the region,” says Tobias Linebäck.

13 January 2016

Gothenburg, Sweden

GHP Specialty Care AB (publ)

GHP is an internationally active health care provider that operates specialist clinics in a select number of diagnostic areas through the application of a business model that is unique in the health care industry, where leading doctors become partners and shareholders. Each clinic specialises in a particular patient group, and this leads to increased efficiency and higher quality. This is the cornerstone of GHP’s business philosophy – "Quality through specialisation”. GHP shares are traded on the Small Cap list of Nasdaq Stockholm under the ticker symbol "GHP”.

GHP Specialty Care AB (publ) | Corp. ID No. 556757-1103

Södra Hamngatan 45 | SE-411 06 Gothenburg | Sweden

Tel +46-31 712 53 00 | Fax +46-31 313 13 21 | www.ghp.se

GHP Specialty Care AB is required to publish the information herein according to the Swedish Securities Market Act. This information was published on 13 January 2016 at 08:30 a.m. CET.

This is a translation of the Swedish version of the press release. When in doubt, the Swedish wording prevails.

This information was brought to you by Cision http://news.cision.com

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