Acquisition and Issue of Consideration Shares

RNS Number : 2094E

Assura PLC

02 November 2015

 

2 November 2015

Assura plc

Acquisition and Issue of Consideration Shares

Assura plc ("Assura"), the UK REIT and leading primary care property investor and developer announces that on 30 October, it acquired Abbey Healthcare Group Limited and Abbey Healthcare Property Investments Limited  from its former shareholders Peter Archer and Gina Archer (together, the "Sellers"). As part of the consideration payable under the terms of the acquisition, Assura has agreed to issue to the Sellers 2,229,072 ordinary shares of 10 pence each ("Ordinary Shares"). These new shares will rank pari passu with the existing Ordinary Shares.

Application has been made to the UK Listing Authority and to the London Stock Exchange for the new shares to be admitted to the Official List and to trading on the London Stock Exchange's main market for listed securities ("Admission"). It is expected that Admission will occur at 8.00 a.m. on 4 November 2015. Based on the closing share price on 30 October 2015 of 56.5 pence per share, the new shares issued are valued at £1.3 million.

For the purposes of the Financial Conduct Authority's Disclosure and Transparency Rules ("DTRs"), the issued ordinary share capital of the Company following Admission on 4 November will consist of 1,635,218,643 Ordinary Shares. This total voting rights figure may be used by shareholders as the denominator for the calculations by which they will determine whether they are required to notify their interests in, or a change to their interest in, the Company under the DTRs.

For more information, please contact:

Assura plc	Tel: [phone]
Jonathan Murphy Orla Ball Carolyn Jones
Finsbury	Tel: [phone]
Gordon Simpson

Notes to Editors

Assura is a UK REIT and long-term investor in and developer of primary care property. The company, headquartered in Warrington and listed on the London Stock Exchange, works with GPs, health professionals and the NHS to create innovative property solutions in order to facilitate delivery of high quality patient care in the community. At 31 March 2015, Assura's property portfolio was valued at £931 million.

Further information is available at www.assuraplc.com 

 

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