Primary Health Properties PLC Application for listing (8791X)
November 29 2017 - 7:49AM
UK Regulatory
TIDMPHP
RNS Number : 8791X
Primary Health Properties PLC
29 November 2017
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 5,230,769 new ordinary shares of
12.5p each ("New Shares") arising on conversion of GBP5,100,000
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:
XS10679505615) and which were guaranteed by the Company to the to
the Official List of the FCA and to trading on the London Stock
Exchange's main market. Following cancellation of the bonds
converted there are now GBP77,400,000 nominal of Convertible Bonds
outstanding
Following the issue of the New Shares, which is anticipated
following admission on 30 November 2017, the Company will have
604,884,477 ordinary shares of 12.5p each in issue, each share
carrying the right to one vote.
The above figure of 604,884,477 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 company news service from the London Stock Exchange
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