Sub-division of existing ordinary shares
Primary Health Properties PLC
12 November 2015
Primary Health Properties PLC
("PHP" or the "Company")
Sub-division of existing ordinary shares
Following the announcement on 11 November 2015 that the resolution to sub-divide each issued ordinary share of 50 pence each ("Existing Ordinary Shares") into four ordinary shares of 12.5 pence each (the "New Ordinary Shares") (the "Sub-Division") was passed, the Company today announces that the amendment of Existing Ordinary Shares with ISIN GB0007015521 to New Ordinary Shares with ISIN GB00BYRJ5J14 will become effective at 8.00 a.m. today (the "Amendment"). The New Ordinary Shares will be admitted to trading on the London Stock Exchange's main market for listed securities and on the premium listing segment of the Official List. Following the Amendment, there will be a total of 446,281,348 New Ordinary Shares in issue. The total number of voting rights in PHP is 446,281,348.
Following the Amendment, the above figure of 446,281,348 may be used by shareholders as the denominator for the calculations by which they will determine their interest in, or a change to their interest in, ordinary shares in the Company in the event they are required to make a disclosure under the FCA's Disclosure and Transparency Rules.
With effect from 8.00 a.m. today, share certificates in respect of Existing Ordinary Shares will cease to be valid. It is expected that by 25 November 2015, the Company will despatch share certificates in respect of New Ordinary Shares to those shareholders who held their Existing Ordinary Shares in certificated form and, until such time, shareholders should retain any share certificate(s) they currently hold in respect of Existing Ordinary Shares. Shareholders who held their Existing Ordinary Shares in CREST will have the New Ordinary Shares to which they are entitled automatically credited to their CREST accounts at 8.00 a.m. today.
Full details of the Sub-Division are set out in the Circular published on 15 October 2015 which is available on the investor relations section of the Company's website: www.phpgroup.co.uk.
ENQUIRIES:
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Harry Hyman Primary Health Properties PLC T +44 (0) 20 7451 7050 harry.hyman@nexusgroup.co.uk
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Phil Holland Primary Health Properties PLC T +44 (0) 20 7104 5599 phil.holland@nexusgroup.co.uk
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Victoria Geoghegan / Elizabeth Snow Bell Pottinger T +44 (0) 20 3772 2562
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This information is provided by RNS
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