REG - Primary Health Props - Secondary Listing on the JSE

Primary Health PropertiesAnnouncement

06/09/2023 07:00

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RNS Number : 4837L  Primary Health Properties PLC  06 September 2023

6 September 2023

 

Primary Health Properties PLC

("PHP", the "Company" or the "Group")

 

Secondary listing on the Johannesburg Stock Exchange

 

Primary Health Properties plc (LSE: PHP), one of the UK's leading investors in
modern primary healthcare facilities, announces that it is in the process of
applying for a secondary inward listing on the Main Board of the Johannesburg
Stock Exchange (JSE) by way of an introduction. The listing of PHP on the JSE
is expected to become effective in October 2023, subject to various regulatory
approvals in South Africa.

 

The Company will not place or issue any new PHP shares in connection with its
application for a secondary listing on the JSE and will remain listed on the
premium segment of the Official List in London. PSG Capital Proprietary
Limited have been appointed as Corporate Advisor and Sponsor.

 

PHP believes that admission to trading of the shares on the JSE will be
beneficial to the Company and its stakeholders. The Board of PHP believes that
the secondary listing can be expected to contribute to liquidity in the
Group's shares through its increased profile in the South African market,
where a number of investors have already shown strong interest in investing in
PHP, driven by its high-quality, government-backed income stream and robust
operating model.

 

More information on Primary Health Properties PLC can be found
on www.phpgroup.co.uk (http://www.phpgroup.co.uk/)

 

Further details:

 

 Harry Hyman                       Richard Howell

 Chief Executive Officer           Chief Financial Officer

 Tel: +44 (0) 7973 344768          Tel: +44 (0) 7766 072272

 David Rydell / Jamie Hooper / Hannah Ratcliff / Verity Parker

(Buchanan Communications)

 Tel: +44 (0) 20 7466 5066

 

 

 

Legal Entity Identifier: 213800Y5CJHXOATK7X11

 

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