Primary Health Properties PLC Director/PDMR Shareholding (1996R)
February 27 2023 - 11:56AM
UK Regulatory
TIDMPHP
RNS Number : 1996R
Primary Health Properties PLC
27 February 2023
Primary Health Properties PLC
Director's & PDMR dealings
On 21 February 2023, the remuneration committee of Primary
Health Properties PLC (the "Company" or "PHP") made the following
awards of nil-cost options under the Company's 2021 Long-term
Incentive Plan ("LTIP") to a Director and Persons Discharging
Managerial Responsibilities ("PDMR's").
Director Number of shares under
option
Richard Howell 414,874
-----------------------
PDMR
-----------------------
David Bateman 267,363
-----------------------
The number of nil-cost options were calculated by reference to a
price of GBP1.08, being the average of the closing middle market
quotations for the Company's ordinary shares on 22 February 2023,
23 February 2023 and 24 February 2023.
The nil-cost options will normally vest on the third anniversary
of grant, subject to the attainment of performance conditions. The
remuneration committee has the discretion to adjust the awards
downwards at vesting for malus reasons. Details of the operation of
the LTIP are set out in the Company's 2021 Report and Accounts.
Details of the transactions referenced above are included below
in accordance with the under Article 19 of the retained EU law
version of the Market Abuse Regulation (Regulation 596/2014).
1 Details of Person Discharging Managerial Responsibility/person
closely associated with them ("PCA")
(a) Name Richard Howell
----------------------------------------- --------------------------------
2 Reason for the notification
---------------------------------------------------------------------------
(a) Position/status Chief Financial Officer
----------------------------------------- --------------------------------
(b) Initial notification/ amendment Initial notification
----------------------------------------- --------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
---------------------------------------------------------------------------
(a) Name of Entity Primary Health Properties
PLC
----------------------------------------- --------------------------------
(b) Legal Entity Identifier 213800Y5CJHXOATK7X11
----------------------------------------- --------------------------------
4 Details of the transaction(s): section to be repeated
for (i) each type of instrument; (ii) each type of
transaction; (iii) each date: and (iv) each place where
transactions have been conducted
---------------------------------------------------------------------------
(a) Description of the financial Ordinary shares of 12.5p
instrument ISIN: GB00BYRJ5J14
----------------------------------------- --------------------------------
(b) Nature of the transaction Award of nil-cost options
over the Company's ordinary
shares
----------------------------------------- --------------------------------
(c) Aggregated information Price(s) Volume(s)
Price(s) and volume(s)
----------------------------------------- --------------- ---------------
Nil cost 414,874
--------------------------------------------------------------- ---------------
(d) Aggregated volume price Single transaction: N/A
----------------------------------------- --------------------------------
(e) Date of transaction 27 February 2023
----------------------------------------- --------------------------------
(f) Place of transaction n/a
----------------------------------------- --------------------------------
1 Details of Person Discharging Managerial Responsibility/person
closely associated with them ("PCA")
(a) Name David Bateman
----------------------------------------- --------------------------------
2 Reason for the notification
---------------------------------------------------------------------------
(a) Position/status PDMR
----------------------------------------- --------------------------------
(b) Initial notification/ amendment Initial notification
----------------------------------------- --------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
---------------------------------------------------------------------------
(a) Name of Entity Primary Health Properties
PLC
----------------------------------------- --------------------------------
(b) Legal Entity Identifier 213800Y5CJHXOATK7X11
----------------------------------------- --------------------------------
4 Details of the transaction(s): section to be repeated
for (i) each type of instrument; (ii) each type of
transaction; (iii) each date: and (iv) each place where
transactions have been conducted
---------------------------------------------------------------------------
(a) Description of the financial Ordinary shares of 12.5p
instrument ISIN: GB00BYRJ5J14
----------------------------------------- --------------------------------
(b) Nature of the transaction Award of nil-cost options
over the Company's ordinary
shares
----------------------------------------- --------------------------------
(c) Aggregated information Price(s) Volume(s)
Price(s) and volume(s)
----------------------------------------- --------------- ---------------
Nil cost 267,363
--------------------------------------------------------------- ---------------
(d) Aggregated volume price Single transaction: N/A
----------------------------------------- --------------------------------
(e) Date of transaction 27 February 2023
----------------------------------------- --------------------------------
(f) Place of transaction n/a
----------------------------------------- --------------------------------
More information on Primary Health Properties PLC can be found
on www.phpgroup.co.uk
Further details:
Harry Hyman Steven Owen
Chief Executive Officer Chairman
Tel: +44 (0) 20 7451 7050 Tel: +44 (0) 20 7451
7050
Richard Howell
Chief Financial Officer
Tel: +44 (0) 203 8333 342
David Rydell / Steph Watson (Buchanan
Communications)
Tel: +44 (0) 20 7466 5066
Legal Entity Identifier: 213800Y5CJHXOATK7X11
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