Primary Health Props - Director/PDMR Shareholding

Primary Health Properties

08/09/2025 15:30

RNS Number : 4550Y

Primary Health Properties PLC

08 September 2025

 

Primary Health Properties PLC

Director's & PDMR Dealings - LTIP Vesting

Primary Health Properties PLC (the "Company" or "PHP"), one of the UK's leading investors in modern primary healthcare facilities, announces that Richard Howell, Chief Financial Officer, together with a further person discharging managerial responsibility ("PDMR"), have received Ordinary Shares of 12.5 pence each in the Company ("Ordinary Shares") under the terms of the Company's Long-Term Incentive Plan ("LTIP") (the "Vesting").  

Following conclusion of the recent extended closed period, the awards vested on 8 September 2025 for nil consideration pursuant to a conditional award made on 21 February 2022.  For both Mr Howell and Mr Austin, the number of Ordinary Shares which vested is stated after the deduction of the relevant taxation and National Insurance charges.

Director
Number of shares vesting
Richard Howell
101,556
PDMR
David Austin
23,552

 

All Ordinary Shares in connection with the Vesting will be transferred to the relevant individuals from the Company's employee benefit trust ("EBT").

Details of the operation of the LTIP are set out in the Company's 2024 Report and Accounts.

Details of the transactions referenced above are included below in accordance with Article 19 of the retained EU law version of the Market Abuse Regulation (Regulation 596/2014).

1
Details of the person discharging managerial responsibilities/persons closely associated
(a)
Name
Richard Howell
2
Reason for 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
Primary Health Properties PLC
(b)
LEI
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, type of instrument and identification code
Ordinary shares of 12.5p
ISIN:GB00BYRJ5J14
(b)
Nature of transaction
Vesting of conditional share awards under the Company's LTIP
(c)
Price(s) and volume(s)
Price(s)
Volume(s)
Nil cost
101,556
(d)
Aggregated Information
Single transaction: N/A
(e)
Date of transaction
8 September 2025
(f)
Place of transaction
London Stock Exchange (XLON)

 

1
Details of the person discharging managerial responsibilities/person closely associated
(a)
Name
David Austin
2
Reason for 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
Primary Health Properties PLC
(b)
LEI
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, type of instrument and identification code
Ordinary shares of 12.5p
ISIN:GB00BYRJ5J14
(b)
Nature of transaction
Vesting of conditional share awards under the Company's LTIP
(c)
Price(s) and volume(s)
Price(s)
Volume(s)
Nil cost
23,552
(d)
Aggregated Information
Single transaction: N/A
(e)
Date of transaction
8 September 2025
(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 for enquiries:

Mark Davies
Chief Executive Officer
via Burson Buchanan
Tel: +44 (0) 20 7466 5066
Richard Howell
Chief Financial Officer
via Burson Buchanan
Tel: +44 (0) 20 7466 5066
Stephanie Whitmore (Burson Buchanan)
Tel: +44 (0) 20 7466 5066


 

Legal Entity Identifier: 213800Y5CJHXOATK7X11

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