TIDMPHP

RNS Number : 8937K

Primary Health Properties PLC

07 September 2021

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 GBP4.5 million, of which approximately GBP1.0 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                             Richard Howell 
  Chief Executive Officer                 Chief Financial Officer 
  Tel: +44 (0) 20 7451 7050               Tel: +44 (0) 20 7104 
                                          5599 
 David Rydell / Steph Watson / Tilly 
  Abraham 
  (Buchanan Communications) 
  Tel: +44 (0) 20 7466 5066 
 
 

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(END) Dow Jones Newswires

September 07, 2021 02:01 ET (06:01 GMT)

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