We are focused on enabling the provision of better care
Our business is based on the principle of entrepreneurial partnership, allowing us to work with all stakeholders to deliver the facilities needed to stimulate better health and quality of life. In response to the current climate and public policy, we have been further strengthening our business with additional, customer-focused products and revenue streams.
“The momentum in Extra Care continues to build and we look to the future with increasing confidence”
Ashley House plc was established in 1991 and grew through specialising in the design and construction of new purpose built doctors surgeries and medical centres. In 2000 the Company’s shares were admitted to trading on Ofex. In September 2004, Ashley House Properties Ltd (“AH Properties”), was set up to purchase properties developed by Ashley House plc and other primary care facilities. The shares in AH Properties were stapled to those in Ashley House plc on a one for one basis and the shares traded in Units comprising one share in Ashley House plc and one share in AH Properties.
The de-stapling of the two companies share trading was announced on 14th December 2006 and with effect from 15 January 2007 when Ashley House plc was listed on AIM.
The Company’s shares are dual listed on the Social Stock Exchange segment of the NEX Exchange growth market with effect from 10 February 2016.
Share information Ashley House plc – AIM share price
|Financial year||Year end: 30 April
Half year: 31 October
|Results published||Full year preliminary results: July – October
Interim results: December – January
|Preliminary results for the year ended 30 April 2016 were released on 13 July 2016.
Interim results for the half year ended 31 October 2016 were released on 26 January 2017.
|Report and accounts published||
Full year: July – September
Half year: December – January
|Full year report and accounts for the year to 30 April 2016 were published and sent to shareholders on 22 August 2016.
Interim report for the half year ended 31 October 2015 was sent to shareholders on 5 February 2016.
|AGM||July – October||Our 2016 AGM was held on Thursday 15 October 2016 in London. All resolutions were passed.|
Tel: 01628 600 340
Ashley House, Unit 1, Barnes Wallis Court
Wellington Road, Cressex Business Park, High Wycombe, HP12 3PS
Ashley House plc. Incorporated in England, Company No. 2563627
|Major shareholders||No. shares||%|
|Total shares in issue||59,542,801|
|Lawshares Nominees Limited||7,572,049||12.72|
|Maureen Moy (wife of John Moy, Non-executive Director)||6,900,000||11.59|
|Admenta Ltd (Lloyds Pharmacy)||5,493,827||9.23|
|Stephen Minion (Non-executive Deputy Chairman)||4,062,825||6.82|
|Jonathan Holmes (Commercial Director)||2,219,701||3.73|
|Mrs.G. Mosley (former director)||2,125,518||3.57|
|(including M Moy’s, S Minion’s and J Holmes’ holdings above)||14,261,991||23.95|
Total shares not in public hands:
- Pursuant to AIM rules 36.67%
- Pursuant to NEX Exchange rules 45.90%
The Company’s shares are traded on AIM, a market operated by London Stock Exchange plc. The Company’s shares are dual listed on the Social Stock Exchange segment of the NEX Exchange growth market with effect from 10 February 2016.
There are no restrictions on the transfer of shares.
Site last updated 02 May 2017.
Information disclosed on this website is for the purposes of AIM Rule 26 and NEX Exchange Rule 75.
Total shares not in public hands.
- Under AIM rules this includes directors’ holdings and other shareholdings who control 10% or more of the Company’s shares.
- Under NEX Exchange rules this includes directors’ holdings and other shareholders who individually or who acting in concert control 5% or more of the Company’s shares.
Get to know the Board
Christopher has extensive experience in strategic planning, corporate governance, banking and housing finance. His career spans 35 years, first with Abbey National, where he held senior executive positions in finance and operations creating and launching Cahoot, the internet bank. He then joined the executive Board of Minster Trust Limited, a fully regulated banking institution leading the development and launch of an affinity based internet banking proposition. Christopher has extensive Non-executive experience recently chairing, amongst others, the Board of London Strategic Housing and is currently deputy chairman of Network Housing Group where he also chairs the Audit and Risk Committee. He holds a Masters degree in Strategic Financial Management and is a visiting fellow at Kingston and Durham Business Schools. Christopher has also worked with the NHS Commissioning Board on authorising the recently formed national network of Commissioning Support Units, specifically assessing and developing business strategies and the subsequent appointment of their managing directors. He currently chairs the advisory Board for the NHS Yorkshire and Humberside Commissioning Support Units. Christopher is Chairman of Ashley House’s Appointments Committee.
Stephen is a chartered engineer with a long career in design and development of commercial property. Following the award of his degree in engineering he joined the London Borough of Harrow where he gained chartered engineer status. He moved to George Wimpey & Co and learnt his main “stock in trade” as a property developer before starting his own company in 1978. In 1991 he co-founded Ashley House where his specialist knowledge is invaluable in the delivery of the Company’s core product and the development of new services. Stephen chairs the Company’s Remuneration Committee and is a Board member of a number of associated companies.
Antony has a BA in accounting and qualified as a chartered accountant in 1992. He gained an Executive MBA by evening study from Warwick University in 2004. He joined Ashley House in 2010 as Finance Director having held various senior executive positions within the Lloyds Pharmacy group, including leading the corporate acquisitions, property and development teams. Antony spent 15 months in a pan European strategic development role based in Germany for Lloyds’ parent company Celesio AG. Immediately prior to Ashley House, Antony was managing director of Sapphire Primary Care Developments Limited which Ashley House acquired from Lloyds Pharmacy in 2009. Antony was appointed Chief Executive in October 2014.
Prior to joining Ashley House in 1998 Jonathan worked in sales and marketing with an emphasis on setting up new ventures. In the 1990s he worked in the City for Thomson Financial Services and latterly the capital markets and Eurobond regulator ISMA. Jonathan leads the Ashley House teams that work with clients and stakeholders to source, structure and develop our projects. Jonathan is a passionate advocate of Ashley House’s ability to use its status as a profit making plc to create social value well in excess of its size and has led Ashley House’s involvement as a Founder Member of the Social Stock Exchange.
Andrew has a BA in history from Keble College, Oxford and qualified as a chartered accountant with what is now PricewaterhouseCoopers in 1991. He has held senior financial roles in the retail and wholesale sectors, including Waterstones and Hagemeyer (now part of the Rexel group). He joined Lloyds Pharmacy in 2003, becoming finance director in 2007, with Board responsibility for Sapphire Primary Care Developments until its sale to Ashley House. He is now Hospitals & Homecare Director of Celesio UK, responsible for the delivery of pharmacy services, clinical homecare and pharmaceutical supply to the NHS and other public and private sector organisations. Andrew is Chairman of Ashley House’s Audit & Risk Committee.
John has advised and invested in fast-growing companies for over 20 years including a period sitting on the panel of Non-executive directors appointed by 3i plc to their investee companies. In his industrial career he was both a Chartered Engineer and Chartered Management Accountant and was a Factory Manager and Financial Controller for Mars Limited and a UK and Northern Europe Finance Director for Motorola Inc. He was the Finance Director of the successful management buy-in of RHP Bearings. John provides strategic financial management skills and experience to the Board.
All Non-executive directors sit on all three of the Company’s committees:
- Audit & Risk Committee
- Remuneration Committee
- Appointments Committee
Whilst the Company has not adopted a governance code, the Board supports the principles of good governance. The Group is committed to high standards of corporate governance and has adopted procedures to institute good governance insofar as they are practical and appropriate for a business of this size. The Board has an Audit & Risk Committee, an Appointments Committee and a Remuneration Committee, in each case comprising a majority of Non-executive directors and chaired by a Non-executive director.
The Group supports the concept of an effective Board leading and controlling the Group. The Board is responsible for approving Group policy and strategy. It meets regularly and has a schedule of matters specifically reserved to it for decision. Management supplies the Board with appropriate and timely information and the directors are free to seek any further information that they consider necessary. All directors have access to advice from the Company Secretary and independent professionals at the Group’s expense. The Chairman and members of the three Committees are as follows:
|Audit & Risk||Appointments||Remuneration|
Chairman Committee member
Audit & Risk Committee
The primary responsibility of the Audit & Risk Committee is to provide confidence to shareholders by monitoring the financial affairs and risks of the Company and any subsidiary of the Company (together “the Group”) and ensuring that the financial performance of the Group together with all the Group’s risks are properly measured and reported on. The Committee reviews reports from the Group’s auditors relating to the accounting and internal controls in all cases having due regard to the interests of shareholders.
The Audit Committee meets at least four times a year and otherwise as appropriate and has unrestricted access to the Group’s auditors. Due to the size and complexity of the Group, the Audit & Risk Committee does not currently consider there is need for a separate internal audit function. The Chairman of the Audit Committee is Andrew Willetts.
The primary responsibility of the Appointments Committee is to approve proposals for senior appointments to the Company. The Appointments Committee seeks to identify the skills and experience required for the next stage in the Company’s development. The Committee would support the Chairman in taking the steps to remove any underperforming executive or Non-executive Director. The Appointments Committee meets as required. The Chairman of the Appointments Committee is Christopher Lyons.
The primary responsibility of the Remuneration Committee is to review the performance of the Directors and determine the terms and conditions of service of senior management and any director appointed to the Board, including the remuneration of and any grant of options to such person. Remuneration arrangements are designed to motivate the right behaviours and to align with and support the implementation of Company strategy and effective risk management for the long term. The Remuneration Committee meets at least once a year and otherwise as appropriate. The Chairman of the Remuneration Committee is Stephen Minion.
The Directors will comply with Rule 21 of the AIM Rules and Rule 71 of the NEX Exchange Rules for Issuers relating to directors’ dealings and will take all reasonable steps to ensure compliance by those of the Company’s employees to whom the AIM Rules and NEX Exchange Rules for Issuers apply. The Company operates a share dealing code for directors and employees in accordance with the AIM Rules and NEX Exchange Rules for Issuers.
Corporate adviser and broker
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AIM Rule 26 / NEX Exchange Rule 75
The following information is being disclosed for the purposes of AIM Rule 26 and NEX Exchange Rule 75 and was last updated on 26 January 2016:
The Company is subject to the UK City Code on Takeovers and Mergers.