REG - Primary Health Props - Director/PDMR Shareholding

Primary Health PropertiesAnnouncement

18/12/2024 14:00

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RNS Number : 6222Q  Primary Health Properties PLC  18 December 2024

Primary Health Properties PLC

("PHP" or the "Company")

 

Director/PDMR Shareholding

 

The Company announces that it was notified on 18 December 2024 that Harry
Hyman, Chair of PHP, has entered into a security arrangement as detailed
below. The security arrangement came into effect on 18 December 2024.

The pledge of 11,485,080 Ordinary Shares in PHP is as security against a £2.5
million personal loan facility with EFG Private Bank Limited to provide
liquidity for personal investment commitments. His desire to maintain title to
the underlying ownership of the shares is indicative of Mr Hyman's confidence
in the Company's future performance.

Mr Hyman remains the beneficial owner of the 11,485,080 Ordinary Shares
subject to the pledge and retains full voting rights.

Following the transaction Mr. Hyman's shareholding in the Company remains
unchanged, being 24,507,304 Ordinary Shares, representing approximately 1.8%
of the Company's Issued Share Capital.

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name:                                     Harry Hyman
 2   Reason for the notification
 a)  Position/Status:                          Chair
 b)  Initial Notification/Amendment:           Initial Notification
 3   Details of the issuer, emission allowance market participation, auction
     platform, auctioneer or auction monitor
 a)  Name:                                     Primary Health Properties PLC
 b)  LEI:                                      213800Y5CJHXOATK7X11
 4.  Details of 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 each

     Identification code:

                                               ISIN: GB00BYRJ5J14
 b)  Nature of the transaction:                The pledge of 11,485,080 Ordinary Shares as security against a personal loan
                                               facility with EFG Private Bank Limited. Mr Hyman remains the beneficial owner
                                               of the shares subject to the pledge and retains full voting rights.
 c)  Price(s) and volume(s):                   Price(s)                                  Volume(s)
     Nil                                                                                 11,485,080
 d)  Aggregated volume:                        11,485,080

     Price:

                                               Nil
 e)  Date of the Transaction:                  18 December 2024
 f)  Place of the Transaction:                 Outside a trading venue

 

 

For further information:

 

Primary Health Properties PLC

 

Toby Newman, Company Secretary & Chief Legal Officer

+44(0) 7729 047 959

 

Legal Entity Identifier: 213800Y5CJHXOATK7X11

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