Form 8.5 (EPT/NON-RI)PRIMARY HEALTH PROPERTIES PLC

Barclays PLC

27 May 2025

 

FORM 8.5 (EPT/NON-RI)
PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY AN
EXEMPT PRINCIPAL TRADER WITHOUT RECOGNISED INTERMEDIARY ("RI") STATUS
(OR WHERE RI STATUS IS NOT APPLICABLE)
Rule 8.5 of the Takeover Code (the "Code")
1.	KEY INFORMATION
(a)	Name of exempt principal trader:			BARCLAYS CAPITAL SECURITIES LTD
(b)	Name of offeror/offeree in relation to whose  relevant securities this form relates:			PRIMARY HEALTH PROPERTIES PLC
(c)	Name of the party to the offer with which exempt  principal trader is connected			ASSURA PLC
(d)	Date position held/dealing undertaken:			23 May 2025
(e)	In addition to the company in 1(b) above, is the exempt principal  trader making disclosures in respect of any other party to the offer?			YES:  ASSURA PLC
2.	POSITIONS OF THE EXEMPT PRINCIPAL TRADER
(a)	Interests and short positions in the relevant securities of the offeror or offeree
	to which the disclosure relates following the dealing (if any)
Class of relevant security:				12.5p ordinary
				Interests		Short Positions
				Number	(%)	Number	(%)
(1) Relevant securities owned and/or controlled:				14,075,265	1.05%	10,551,920	0.79%
(2) Cash-settled derivatives:				9,327,178	0.70%	13,402,631	1.00%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				23,402,443	1.75%	23,954,551	1.79%
Class of relevant security:				Guaranteed Convertible Bond 2025
				Interests		Short Positions
				Number	(%)	Number	(%)
(1) Relevant securities owned and/or controlled:				2,855,000	1.90%	0	0.00%
(2) Cash-settled derivatives:				0	0.00%	0	0.00%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				2,855,000	1.90%	0	0.00%
(b)	Rights to subscribe for new securities (including directors and other executive options)
Class of relevant security in relation to  which subscription right exists
Details, including nature of the rights  concerned and relevant percentages:
3.	DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER
(a)	Purchase and sales
Class of relevant  security	Purchase/sale	Total number of  securities	Highest price per unit  paid/received	Lowest price per unit  paid/received
12.5p ordinary	Purchase	1014190	0.9870  GBP	0.9765  GBP
12.5p ordinary	Sale	807264	0.9870  GBP	0.9765  GBP
(b)	Cash-settled derivative transactions
Class of  relevant  security	Product  description	Nature of dealing	Number of  reference  securities	Price per  unit
12.5p ordinary	SWAP	Opening Long	41,188	0.9840  GBP
12.5p ordinary	SWAP	Decreasing Short	657	0.9815  GBP
12.5p ordinary	SWAP	Decreasing Short	200,363	0.9827  GBP
12.5p ordinary	SWAP	Decreasing Short	71,944	0.9828  GBP
12.5p ordinary	SWAP	Decreasing Short	5,045	0.9836  GBP
12.5p ordinary	SWAP	Decreasing Short	24,732	0.9837  GBP
12.5p ordinary	SWAP	Decreasing Short	10,541	0.9840  GBP
12.5p ordinary	SWAP	Decreasing Short	7,800	0.9862  GBP
12.5p ordinary	SWAP	Decreasing Short	484	23.6964  ZAR
12.5p ordinary	SWAP	Increasing Short	11,043	0.9808  GBP
12.5p ordinary	SWAP	Increasing Short	21,997	0.9817  GBP
12.5p ordinary	SWAP	Increasing Short	1,874	0.9830  GBP
12.5p ordinary	SWAP	Increasing Short	29,464	0.9839  GBP
12.5p ordinary	SWAP	Increasing Short	279,826	0.9842  GBP
12.5p ordinary	SWAP	Increasing Short	68,026	0.9843  GBP
12.5p ordinary	SWAP	Increasing Short	96,484	0.9870  GBP
12.5p ordinary	SWAP	Increasing Short	1,232	23.8513  ZAR
12.5p ordinary	SWAP	Increasing Short	79,627	23.9516  ZAR
12.5p ordinary	CFD	Decreasing Short	15,182	0.9794  GBP
12.5p ordinary	CFD	Decreasing Short	29,491	0.9803  GBP
12.5p ordinary	CFD	Decreasing Short	1,232	23.8500  ZAR
12.5p ordinary	CFD	Decreasing Short	79,627	23.9485  ZAR
12.5p ordinary	CFD	Increasing Short	50,757	0.9845  GBP
12.5p ordinary	CFD	Increasing Short	79,524	0.9854  GBP
12.5p ordinary	CFD	Increasing Short	484	23.6995  ZAR
(c)	Stock-settled derivative transactions  (including options)
(i)	Writing, selling, purchasing or varying
Class  of  relevant  security	Product  description	Writing,  purchasing,  selling,  varying etc	Number  of  securities  to which  option  relates	Exercise  price  per unit	Type	Expiry  date	Option  money  paid/  received  per unit
(ii)	Exercising
Class of relevant  security	Product description	Exercising/ exercised against	Number of  securities	Exercise price per  unit
(d)	Other dealings (including subscribing for new securities)
Class of relevant  security	Nature of Dealings	Details	Price per unit (if  applicable)
4.	OTHER INFORMATION
(a)	Indemnity and other dealings arrangements
Details of any indemnity or option arrangement, or any agreement or understanding,  formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by  the exempt principal trader making the disclosure and any party  to the offer or any person acting in concert with a party to the offer:
NONE
(b)	Agreements, arrangements or understandings relating to options or derivatives
Details of any agreement, arrangement or understanding, formal or informal, between  the exempt principal trader making the disclosure and any other person relating to:  (i)   the voting rights of any relevant securities under any option; or  (ii)   the voting rights of future acquisition or disposal of any relevant securities to which  any derivative is referenced:
NONE
(c)	Attachments
Is a Supplemental Form 8 (Open Positions) attached?				NO
Date of disclosure:				27 May 2025
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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