Primary Health Properties PLC Application for Listing (8358H)
15 March 2018 - 8:47PM
UK Regulatory
TIDMPHP
RNS Number : 8358H
Primary Health Properties PLC
15 March 2018
Primary Health Properties PLC
Allotment and Issue of Ordinary Shares following Receipt of
Conversion Notice
Primary Health Properties PLC ("PHP" or the "Company") announces
that is has made application for 1,641,025 new ordinary shares of
12.5p each ("New Shares") arising on conversion of GBP1,600,000
nominal of the GBP82,500,000 4.25% Guaranteed Convertible Bonds
2019 (the "Convertible Bonds") issued by the Company's wholly owned
subsidiary PHP Finance (Jersey) Limited ("PHP Jersey") (ISIN:
XS10679505615) and which were guaranteed by the Company. Following
cancellation of the bonds converted there are now GBP60,400,000
nominal of Convertible Bonds outstanding.
Following the issue of the New Shares, which is anticipated on
19 March 2018, the Company will have 622,610,345 ordinary shares of
12.5p each in issue, each share carrying the right to one vote.
The above figure of 622,610,345 should be used by shareholders
in the Company as the denominator for the calculations 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 Financial Conduct Authority's Disclosure Guidance
and Transparency Rules.
Enquiries:
Paul Wright,
for Nexus Management Services Limited, Company Secretary
Telephone: +44 (0) 20 7451 7057
LEI: 213800Y5CJHXOATK7X11
This information is provided by RNS
The company news service from the London Stock Exchange
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