Primary Health Properties PLC Application for listing (0237T)

TIDMPHP

RNS Number : 0237T

Primary Health Properties PLC

15 March 2019

Primary Health Properties PLC

Allotment and Issue of Ordinary Shares following Receipt of Conversion Notice

Primary Health Properties PLC ("PHP" or the "Company") announces that is has made application for 1,975,872 new ordinary shares of 12.5p each ("New Shares") arising on conversion of GBP1,900,000 nominal of the GBP82,500,000 4.25% Guaranteed Convertible Bonds 2019 (the "Convertible Bonds") issued by the Company's wholly owned subsidiary PHP Finance (Jersey) Limited ("PHP Jersey") (ISIN: XS1067950615) and which were guaranteed by the Company. Following cancellation of the bonds converted there are now GBP1,800,000 nominal of Convertible Bonds outstanding.

Following the issue of the New Shares, which is anticipated on 18 March 2019, the Company will have 1,133,210,878 ordinary shares of 12.5p each in issue, each share carrying the right to one vote.

The above figure of 1,133,210,878 should be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

Enquiries:

Paul Wright,

for Nexus Management Services Limited, Company Secretary

Telephone: +44 (0) 20 7451 7057

LEI: 213800Y5CJHXOATK7X11

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

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March 15, 2019 06:14 ET (10:14 GMT)

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