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LONDON - Primary Health Properties plc (LSE:PHP) has acquired a 62.93% stake in Assura PLC (LSE:AGR), according to a major shareholding notification filed Thursday.
The transaction, which crossed the reporting threshold on August 12, involves Primary Health Properties gaining control of 2,049,296,826 voting rights in Assura, as disclosed in the standard TR-1 form submitted to the London Stock Exchange.
The notification, which Assura received on August 14, indicates this is Primary Health Properties’ initial reportable position in the company, with no previous holdings disclosed.
The filing shows that Primary Health Properties holds these voting rights directly, with no financial instruments or similar economic arrangements reported as part of the transaction.
Primary Health Properties, a London-based company, completed the share acquisition two days before notifying Assura of the substantial holding.
The regulatory announcement, made through the London Stock Exchange’s news service RNS, fulfills the UK’s transparency requirements for major shareholding changes in publicly listed companies.
Neither company has provided additional details about the transaction or its strategic implications in the disclosure statement.
The information was released through a standard regulatory filing based on a press release statement.
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