REG - Primary Health Props - Convertible Bond: exchange price adjustment

Primary Health PropertiesAnnouncement

30/04/2021 14:05

RNS Number : 2663X
  
Primary Health Properties PLC
  
30 April 2021
  
 

30 April 2021
 
Primary Health Properties PLC
 
 
Amendment of exchange price on Convertible Bonds
 
 
 
Primary Health Properties PLC ("PHP" or the "Company"), a leading investor in modern primary health facilities, announces that the exchange price for new ordinary shares of 12.5p each in PHP ("Ordinary Shares") to be issued in exchange for the preference shares in by the Company's wholly owned subsidiary PHP Finance (Jersey No.2) Limited ("PHP Jersey") (ISIN: XS2016141637) issued on conversion of the 2.875% Guaranteed Convertible Bonds due 2025 (the "Convertible Bonds") of PHP Jersey has been adjusted to £1.4521 per Ordinary Share in accordance with condition 6.3 (D) of the conditions of issue of the Convertible Bonds.
 
There are currently £150,000,000 nominal of Convertible Bonds outstanding. 
 
 
 
 
Enquiries:
 
Richard Howell,
Finance Director
Primary Health Properties PLC
Telephone: +44 (0) 20 7104 2004
 
LEI: 213800Y5CJHXOATK7X11

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
  END
 
 
MSCSDEFFSEFSELL