Correction: Rule 2.9 Announcement

RNS Number : 1728O

Primary Health Properties PLC

25 January 2019

 

Primary Health Properties PLC

25 January 2019

CORRECTION: Rule 2.9 Announcement

The Company has identified an error in the International Securities Identification Number for the Convertible Bonds (as defined below) published on 24 January 2019. The correct International Securities Identification Number for the Convertible Bonds is XS1067950615. The corrected announcement is attached as below.

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF THAT JURISDICTION

FOR IMMEDIATE RELEASE

24 January 2019

Rule 2.9 Announcement

Primary Health Properties PLC (the "Company")

In accordance with Rule 2.9 of the City Code on Takeovers and Mergers (the "Code"), the Company confirms that, as at the date of this announcement, it has 771,730,160 ordinary shares of 12.5p each in issue and admitted to trading on the London Stock Exchange. The International Securities Identification Number for the Company's ordinary shares is GB00BYRJ5J14 and the LEI number is 213800Y5CJHXOATK7X11.

In addition, as at the date of this announcement, the Company has £20,700,000 nominal outstanding of the £82,500,000 4.25% Guaranteed Convertible Bonds 2019 (the "Convertible Bonds") issued by the Company's wholly owned subsidiary PHP Finance (Jersey) Limited ("PHP Jersey") and which were guaranteed by the Company. The Convertible Bonds are each convertible into fully paid ordinary shares of 12.5 pence each in the capital of the Company and would result in an additional 21,526,662 shares being issued if converting at the current exchange price of 96.16 pence. The International Securities Identification Number for the Convertible Bonds is XS1067950615.

For further information:

Primary Health Properties PLC Paul Wright, Company Secretary

[phone]

Disclosure requirements of the Code

Under Rule 8.3(a) of the Code, any person who is interested in 1% or more of any class of relevant securities of an offeree company or of any securities exchange offeror (being any offeror other than an offeror in respect of which it has been announced that its offer is, or is likely to be, solely in cash) must make an Opening Position Disclosure following the commencement of the offer period and, if later, following the announcement in which any securities exchange offeror is first identified. An Opening Position Disclosure must contain details of the person's interests and short positions in, and rights to subscribe for, any relevant securities of each of (i) the offeree company and (ii) any securities exchange offeror(s). An Opening Position Disclosure by a person to whom Rule 8.3(a) applies must be made by no later than 3.30 pm (London time) on the 10th business day following the commencement of the offer period and, if appropriate, by no later than 3.30 pm (London time) on the 10th business day following the announcement in which any securities exchange offeror is first identified. Relevant persons who deal in the relevant securities of the offeree company or of a securities exchange offeror prior to the deadline for making an Opening Position Disclosure must instead make a Dealing Disclosure.

Under Rule 8.3(b) of the Code, any person who is, or becomes, interested in 1% or more of any class of relevant securities of the offeree company or of any securities exchange offeror must make a Dealing Disclosure if the person deals in any relevant securities of the offeree company or of any securities exchange offeror. A Dealing Disclosure must contain details of the dealing concerned and of the person's interests and short positions in, and rights to subscribe for, any relevant securities of each of (i) the offeree company and (ii) any securities exchange offeror, save to the extent that these details have previously been disclosed under Rule 8. A Dealing Disclosure by a person to whom Rule 8.3(b) applies must be made by no later than 3.30 pm (London time) on the business day following the date of the relevant dealing.

If two or more persons act together pursuant to an agreement or understanding, whether formal or informal, to acquire or control an interest in relevant securities of an offeree company or a securities exchange offeror, they will be deemed to be a single person for the purpose of Rule 8.3.

Opening Position Disclosures must also be made by the offeree company and by any offeror and Dealing Disclosures must also be made by the offeree company, by any offeror and by any persons acting in concert with any of them (see Rules 8.1, 8.2 and 8.4).

Details of the offeree and offeror companies in respect of whose relevant securities Opening Position Disclosures and Dealing Disclosures must be made can be found in the Disclosure Table on the Takeover Panel's website at http://www.thetakeoverpanel.org.uk, including details of the number of relevant securities in issue, when the offer period commenced and when any offeror was first identified. If you are in any doubt as to whether you are required to make an Opening Position Disclosure or a Dealing Disclosure, you should contact the Panel's Market Surveillance Unit on [phone].

 

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