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LONDON - Primary Health Properties PLC (LSE:PHP) announced Thursday the admission of 792,655,708 new ordinary shares to the Official List of the Financial Conduct Authority and to trading on the London Stock Exchange’s Main Market, as well as the Main Board of the Johannesburg Stock Exchange.
The newly issued shares are part of PHP’s previously announced takeover of Assura Plc through a recommended shares and cash offer. The admission and commencement of dealings in the new shares became effective at 8:00 a.m. London time on August 14.
Following the share issuance, PHP now has 2,129,149,494 ordinary shares of 12.5p each in issue and admitted to trading. The company confirmed this figure may be used by shareholders as the denominator for calculations to determine if they need to notify their interest under disclosure rules.
The takeover offer, which became unconditional in all respects on August 12, remains open for acceptance until further notice. PHP stated it will provide at least 14 days’ notice before closing the offer for acceptances.
PHP and Assura, both companies specializing in healthcare real estate, initially announced the terms of the increased and recommended shares and cash offer on June 23, 2025.
The information is based on a company press release statement issued Thursday.
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