Exercise of Nil Cost Options under PSP

Assura PLC

13 July 2023

 

13 July 2023

Assura plc

Exercise of Nil Cost Options under PSP

Assura plc ("Assura"), the leading primary care property investor and developer announces that on 12 July 2023, the PDMRs listed below exercised their 2020 PSP awards.

The table below shows the number of shares vesting, the number of shares sold to satisfy income tax and national insurance liabilities, the number of shares sold for the benefit of the Assura Community Fund and the number of shares received following the sales.

	Number of Shares awarded	Number of shares sold to satisfy income tax and national insurance liabilities	Additional shares sold on behalf of the Assura Community Fund	Additional shares sold	Number of shares after shares sold
Jonathan Murphy	183,890	(86,428)	(18,389)	-	79,073
Jayne Cottam	103,351	(48,575)	-	-	54,776

The Remuneration Committee of Assura had agreed that sufficient shares may be sold by each PDMR to cover the arising income tax and national insurance liabilities and that Mr Murphy could sell 18,389 shares to make a contribution to the Assura Community Fund. The relevant market price for taxation purposes is £0.4601 per share.

As a result of the above, the PDMR's shareholding and those of their connected persons is as follows:

	Shareholding on 11 July 2023	Shareholding  post exercise
Jonathan Murphy	2,860,873	2,939,946
Jayne Cottam	647,606	702,382

Following the allotment, Mr Murphy transferred 79,073 shares to his wife. The total beneficial holding remains the same.

The Notification of Dealing Form for the PDMRs can be found below.

This notification is made in accordance with the Market Abuse Regulation.

Notification of dealing form

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Jonathan Murphy
2	Reason for the notification
a)	Position/status	CEO
b)	Initial notification/ Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Assura plc
b)	LEI	21380026T19N2Y52XF72
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary shares of 10 pence each GB00BVGBWW93
b)	Nature of the transaction	Vesting of share awards under PSP
c)	Price(s) and volume(s)	Price(s) Volume(s) £NIL GBP 183,890
d)	Aggregated information -      Aggregated volume -    Price	N/A
e)	Date of the transaction	12 July 2023
f)	Place of the transaction	XLON
a)	Description of the financial instrument, type of instrument Identification code	Ordinary shares of 10 pence each GB00BVGBWW93
b)	Nature of the transaction	Sale of shares to satisfy tax and national insurance liabilities and to make a contribution to the Assura Community Fund.
c)	Price(s) and volume(s)	Price(s) Volume(s) £0.4601 GBP 104,817
d)	Aggregated information -      Aggregated volume -    Price	Aggregate Price Aggregate Volume Aggregate Total £0.4601 GBP 104,817 £48,226.30
e)	Date of the transaction	12 July 2023
f)	Place of the transaction	XLON
a)	Description of the financial instrument, type of instrument Identification code	Ordinary shares of 10 pence each GB00BVGBWW93
b)	Nature of the transaction	Transfer shares to Mr Murphy's wife.
c)	Price(s) and volume(s)	Price(s) Volume(s) £0.4601 GBP 79,073
d)	Aggregated information -      Aggregated volume -    Price	Aggregate Price Aggregate Volume Aggregate Total £0.4601 GBP 79,073 £36,381.49
e)	Date of the transaction	12 July 2023
f)	Place of the transaction	XLON

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Jayne Cottam
2	Reason for the notification
a)	Position/status	CFO
b)	Initial notification/ Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Assura plc
b)	LEI	21380026T19N2Y52XF72
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary shares of 10 pence each GB00BVGBWW93
b)	Nature of the transaction	Vesting of share awards under PSP
c)	Price(s) and volume(s)	Price(s) Volume(s) £NIL GBP 103,351
d)	Aggregated information -      Aggregated volume -    Price	N/A
e)	Date of the transaction	12 July 2023
f)	Place of the transaction	XLON
a)	Description of the financial instrument, type of instrument Identification code	Ordinary shares of 10 pence each GB00BVGBWW93
b)	Nature of the transaction	Sale of shares to satisfy tax and national insurance liabilities
c)	Price(s) and volume(s)	Price(s) Volume(s) £0.4601 GBP 48,575
d)	Aggregated information -      Aggregated volume -    Price	Aggregate Price Aggregate Volume Aggregate Total £0.4601 GBP 48,575 £22,349.36
e)	Date of the transaction	12 July 2023
f)	Place of the transaction	XLON

- ENDS -

For more information, please contact:

Assura plc	Tel: [phone]
Orla Ball, General Counsel David Purcell, Investor Relations Director	Email: [e-mail]
FGS Global Gordon Simpson James Thompson	Tel: [phone] Email: [e-mail]

Notes to Editors

Assura plc is a national healthcare premises specialist and UK REIT based in Altrincham, UK - caring for more than 600 primary healthcare buildings, from which over six million patients are served.

A constituent of the FTSE 250 and the EPRA* indices, as at 31 March 2023, Assura's portfolio was valued at £2.7 billion.

At Assura, we BUILD for health. Assura builds better spaces for people and places, invests in skills and inspires new ways of working, and unlocks the power of design and innovation to deliver lasting impact for communities - aiming for six million people to have benefitted from improvements to and through its healthcare buildings by 2026. 

Assura is leading for a sustainable future, targeting net zero carbon across its portfolio by 2040.

Further information is available at www.assuraplc.com

*EPRA is a registered trademark of the European Public Real Estate Association

 

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