Primary Health Properties PLC
22 September 2006
Primary Health Properties PLC has made application for the admission to the
Official List of the UK Listing Authority of 1,600,000 Ordinary Shares of 50
pence each issued by Primary Health Properties PLC in respect of the exercise by
the Joint Managers, J O Hambro Capital Management Limited and Nexus PHP
Management Limited of management options on 21 September 2006 at an exercise
price of £1.71 per option pursuant to the Management Agreement dated 17
September 2003. 1,120,000 Ordinary Shares have been allotted to NEXUS PHP
Management Limited and 480,000 Ordinary Shares allotted to J O Hambro Capital
Management Limited. Mr Hyman is a Director of the Company and Nexus PHP
Management Limited. Mr Hambro is a Director of the Company and J O Hambro
Capital Management Limited.
Following the exercise of management options Mr Hyman is interested in 2,110,700
non beneficial) and 38,490 Ordinary Shares (beneficial) in aggregate 2,149,190
Ordinary Shares (8.85% of the issued share capital).
Following the exercise of management options Mr Hambro is interested in 480,000
(non- beneficial) and 20,000 Ordinary Shares (beneficial) in aggregate 500,000
Ordinary Shares (2.06% of the issued share capital).
Admission of the new securities is expected to be effective on
27 September 2006.
The issued share capital is therefore 24,277,718 ordinary shares of 50 pence
This information is provided by RNS
The company news service from the London Stock Exchange