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LONDON - Primary Health Properties PLC (PHP), a leading investor in modern primary healthcare facilities, disclosed its position in the ongoing takeover of Assura plc, a fellow healthcare facility investor. PHP confirmed it holds no interests or short positions in Assura’s relevant securities as of March 21, 2025.
The disclosure, made in accordance with the UK Takeover Code, also revealed that PHP directors and connected advisers have a combined holding in Assura. Ian Krieger, a non-executive director at PHP, holds 397,300 ordinary shares, while his wife, Caron Krieger, holds 220,500 shares. Additionally, connected adviser DBX Advisors LLC holds 2,776,907 ordinary shares in Assura.
PHP, acting as the offeror in this takeover situation, has not entered into any indemnity or option arrangements, nor any agreements, arrangements, or understandings related to the voting rights of any relevant securities under any option or derivative referenced to such securities.
The company’s disclosure is a routine procedure under Rule 8 of the UK Takeover Code, which mandates public opening position disclosures by parties involved in a takeover. These disclosures are intended to provide transparency in the market and ensure that all stakeholders are informed about the positions held by major parties in a takeover bid.
The London Stock Exchange (LON:LSEG)’s Regulatory Information Service published the disclosure, which is also available for consultation with the Panel’s Market Surveillance Unit regarding the Code’s disclosure requirements.
This announcement is based on a press release statement and provides a factual report of Primary Health Properties PLC’s disclosed interests in relation to the takeover of Assura plc.
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