REG - Primary Health Props - Update on secondary listing on the JSE

Primary Health PropertiesAnnouncement

17/10/2023 08:00

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RNS Number : 2791Q  Primary Health Properties PLC  17 October 2023

17 October 2023

 

Primary Health Properties PLC

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

 

Update on 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, is pleased, following the announcement
on 6 September 2023, to confirm the release of a pre-listing announcement
("PLA") relating to a secondary inward listing on the Main Board of the
Johannesburg Stock Exchange ("JSE"). The listing of PHP on the JSE is expected
to become effective on 24 October 2023.

 

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 on the JSE.

 

PHP believes that admission to trading 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 / Stephanie Whitmore / Hannah Ratcliff / Verity Parker

(Buchanan Communications)

 Tel: +44 (0) 20 7466 5000

 

 

 

Legal Entity Identifier: 213800Y5CJHXOATK7X11

 

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