Primary Health Properties PLC (the "Company" or "PHP")
Admission of new shares and total voting rights
Further to the announcement earlier today by PHP that it has acquired the Crwys Medical Centre for a total consideration of £4.5 million, of which approximately £1.0 million is to be satisfied by the issue of 595,167 new ordinary shares of 12.5 pence each in the capital of PHP to two of the sellers (the "Consideration Shares"), PHP announces that an application was made yesterday for the admission of the Consideration Shares to the premium listing segment of the Official List and to trading on the London Stock Exchange's main market for listed securities ("Admission").
It is expected that Admission and commencement of dealings in the Consideration Shares will become effective at 8.00 a.m. on 9 September 2021. The relevant sellers have agreed not to sell or otherwise transfer the Consideration Shares for a period of 12 months following completion, without the consent of PHP.
Following Admission and in accordance with the Disclosure and Transparency Rules of the Financial Conduct Authority, the Company will have 1,332,293,152 Ordinary Shares in issue, each share carrying the right to one vote. The Company does not hold any shares in treasury.
The above figure of 1,332,293,152 Ordinary Shares may be used by shareholders in the Company as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Disclosure Guidance and Transparency Rules of the Financial Conduct Authority.
More information on Primary Health Properties PLC can be found on www.phpgroup.co.uk
Further details:
Harry Hyman Chief Executive Officer Tel: +44 (0) 20 7451 7050 |
Richard Howell Chief Financial Officer Tel: +44 (0) 20 7104 5599 |
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David Rydell / Steph Watson / Tilly Abraham
Tel: +44 (0) 20 7466 5066
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