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RNS Number : 4506C Primary Health Properties PLC 22 February 2022
Primary Health Properties PLC
Director's & PDMR dealings
On 21 February 2022, the remuneration committee of Primary Health Properties
PLC (the "Company" or "PHP") made the following awards of nil-cost options
under the Company's 2021 Long-term Incentive Plan ("LTIP") to a Director and
Persons Discharging Managerial Responsibilities ("PDMR's").
Director Number of shares under option
Richard Howell 313,745
PDMR
Christopher Santer 176,866
David Bateman 186,567
The number of nil-cost options were calculated by reference to a price of
£1.34, being the average of the closing middle market quotations for the
Company's ordinary shares on 16 February 2022, 17 February 2022 and 18
February 2022.
The nil-cost options will normally vest on the third anniversary of grant,
subject to the attainment of performance conditions. The remuneration
committee has the discretion to adjust the awards downwards at vesting for
malus reasons. Details of the operation of the LTIP are set out in the
Company's 2020 Report and Accounts.
Details of the transactions referenced above are included below in accordance
with the under Article 19 of the retained EU law version of the Market Abuse
Regulation (Regulation 596/2014).
1 Details of Person Discharging Managerial Responsibility/person closely
associated with them ("PCA")
(a) Name Richard Howell
2 Reason for the 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 of Entity Primary Health Properties PLC
(b) Legal Entity Identifier 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 Ordinary shares of 12.5p
ISIN: GB00BYRJ5J14
(b) Nature of the transaction Award of nil-cost options over the Company's ordinary shares
(c) Aggregated information Price(s) Volume(s)
Price(s) and volume(s)
Nil cost 313,745
(d) Aggregated volume price Single transaction: N/A
(e) Date of transaction 21 February 2022
(f) Place of transaction n/a
1 Details of Person Discharging Managerial Responsibility/person closely
associated with them ("PCA")
(a) Name Chris Santer
2 Reason for the 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 of Entity Primary Health Properties PLC
(b) Legal Entity Identifier 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 Ordinary shares of 12.5p
ISIN: GB00BYRJ5J14
(b) Nature of the transaction Award of nil-cost options over the Company's ordinary shares
(c) Aggregated information Price(s) Volume(s)
Price(s) and volume(s)
Nil cost 176,866
(d) Aggregated volume price Single transaction: N/A
(e) Date of transaction 21 February 2022
(f) Place of transaction N/A
1 Details of Person Discharging Managerial Responsibility/person closely
associated with them ("PCA")
(a) Name David Bateman
2 Reason for the 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 of Entity Primary Health Properties PLC
(b) Legal Entity Identifier 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 Ordinary shares of 12.5p
ISIN: GB00BYRJ5J14
(b) Nature of the transaction Award of nil-cost options over the Company's ordinary shares
(c) Aggregated information Price(s) Volume(s)
Price(s) and volume(s)
Nil cost 186,567
(d) Aggregated volume price Single transaction: N/A
(e) Date of transaction 21 February 2022
(f) Place of transaction n/a
More information on Primary Health Properties PLC can be found on
www.phpgroup.co.uk
Further details:
Harry Hyman Steven Owen
Chief Executive Officer Chairman
Tel: +44 (0) 20 7451 7050 Tel: +44 (0) 20 7451 7050
Richard Howell
Chief Financial Officer
Tel: +44 (0) 20 7104 5599
David Rydell / Steph Whitmore (Buchanan Communications)
Tel: +44 (0) 20 7466 5066
Legal Entity Identifier: 213800Y5CJHXOATK7X11
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