Primary Health Properties PLC
Director's & PDMR dealings
Primary Health Properties PLC (the "Company" or "PHP"), one of the UK's leading investors in modern primary healthcare facilities announces the following share dealings by a Director and Persons Discharging Managerial Responsibilities ("PDMR's").
VG Corporate Trustee Limited ("VG"), the trustee of the Company's employee benefit trust, acquired 112,329 Ordinary Shares of 12.5 pence each in the Company ("Ordinary Shares") at 136.9 pence on 3 March 2022, as bare trustee for Richard Howell, Chief Financial Officer, Christopher Santer, Chief Investment Officer and David Bateman, Head of Investments under the Company's performance incentive fee arrangements ("PIF") for 2021 and for Richard Howell, under arrangements for deferral of 30% of his annual bonus into Ordinary Shares. All these shares must be held for a minimum three years.
The Notification of Dealing Form for each PDMR can be found below.
This notification is made in accordance with the Market Abuse Regulation.
| 1 | Details of Person Discharging Managerial Responsibility/person closely associated with them ("PCA") | ||
| (a) | Name | Richard Howell
| |
| 2 | Reason for the notification | ||
| (a) | Position/status | Chief Financial Officer | |
| (b) | Initial notification/ amendment | Initial notification
| |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||
| (a) | Name of Entity
| Primary Health Properties PLC | |
| (b) | Legal Entity Identifier | 213800Y5CJHXOATK7X11
| |
| 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 | Ordinary shares of 12.5p ISIN: GB00BYRJ5J14 | |
| (b) | Nature of the transaction | Acquisition of beneficial interest in shares under PIF
| |
| (c) | Aggregated information Price(s) and volume(s) | Price(s) | Volume(s) |
| £1.369
| 42,263 | ||
| (d) | Aggregated volume price | Single transaction £57,858.05
| |
| (e) | Date of transaction | 3 March 2022
| |
| (f) | Place of transaction | London Stock Exchange (xlon)
| |
| (a) | Description of the financial instrument | Ordinary shares of 12.5p ISIN: GB00BYRJ5J14 | |
| (b) | Nature of the transaction | Acquisition of beneficial interest in shares acquired in connection with deferral of part of annual bonus
| |
| (c) | Aggregated information Price(s) and volume(s) | Price(s) | Volume(s) |
| £1.369 | 24,897 | ||
| (d) | Aggregated volume price | Single transaction £30,083.99
| |
| (e) | Date of transaction | 3 March 2022
| |
| (f) | Place of transaction | London Stock Exchange (xlon)
| |
| 1 | Details of Person Discharging Managerial Responsibility/person closely associated with them ("PCA") | ||
| (a) | Name | Chris Santer
| |
| 2 | Reason for the notification | ||
| (a) | Position/status | PDMR | |
| (b) | Initial notification/ amendment | Initial notification
| |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||
| (a) | Name of Entity
| Primary Health Properties PLC | |
| (b) | Legal Entity Identifier | 213800Y5CJHXOATK7X11
| |
| 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 | Ordinary shares of 12.5p ISIN: GB00BYRJ5J14 | |
| (b) | Nature of the transaction | Acquisition of beneficial interest in shares under PIF
| |
| (c) | Aggregated information Price(s) and volume(s) | Price(s) | Volume(s) |
| £1.369 | 22,837 | ||
| (d) | Aggregated volume price | Single transaction £31,263.85
| |
| (e) | Date of transaction | 3 March 2022
| |
| (f) | Place of transaction | London Stock Exchange (xlon)
| |
| 1 | Details of Person Discharging Managerial Responsibility/person closely associated with them ("PCA") | ||
| (a) | Name | David Bateman
| |
| 2 | Reason for the notification | ||
| (a) | Position/status | PDMR | |
| (b) | Initial notification/ amendment | Initial notification
| |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||
| (a) | Name of Entity
| Primary Health Properties PLC | |
| (b) | Legal Entity Identifier | 213800Y5CJHXOATK7X11
| |
| 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 | Ordinary shares of 12.5p ISIN: GB00BYRJ5J14 | |
| (b) | Nature of the transaction | Acquisition of beneficial interest in shares under PIF
| |
| (c) | Aggregated information Price(s) and volume(s) | Price(s) | Volume(s) |
| £1.369 | 22,332 | ||
| (d) | Aggregated volume price | Single transaction £30,572.51
| |
| (e) | Date of transaction | 3 March 2022
| |
| (f) | Place of transaction | London Stock Exchange (xlon)
| |
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 | Steven Owen Chairman Tel: +44 (0) 20 7451 7050 |
| Richard Howell Chief Financial Officer Tel: +44 (0) 20 7104 5599 |
|
| David Rydell / Steph Watson (Buchanan Communications) Tel: +44 (0) 20 7466 5066 |
|
Legal Entity Identifier: 213800Y5CJHXOATK7X11
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