REG - Primary Health Props - Director/PDMR Shareholding

Primary Health PropertiesAnnouncement

27/02/2023 17:00

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RNS Number : 1996R  Primary Health Properties PLC  27 February 2023

Primary Health Properties PLC

Director's & PDMR dealings

On 21 February 2023, 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  414,874
 PDMR
 David Bateman   267,363

 

The number of nil-cost options were calculated by reference to a price of
£1.08, being  the average of the closing middle market quotations for the
Company's ordinary shares on 22 February 2023, 23 February 2023 and 24
February 2023.

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 2021 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                                                                  414,874

 (d)  Aggregated volume price                  Single transaction: N/A

 (e)  Date of transaction                      27 February 2023

 (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                                                                  267,363

 (d)  Aggregated volume price                  Single transaction: N/A

 (e)  Date of transaction                      27 February 2023

 (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) 203 8333 342
 David Rydell / Steph Watson (Buchanan Communications)

 Tel: +44 (0) 20 7466 5066

 

Legal Entity Identifier: 213800Y5CJHXOATK7X11

 

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