PRIMARY HEALTH PROPERTIES PLC - Amendment of exchange price on Convertible Bonds

Amendment of exchange price on Convertible Bonds

Primary Health Properties PLC
(Incorporated in the United Kingdom)
Company Number: 3033634
LSE Share Code: PHP
JSE Share Code: PHP
ISIN Code: GB00BYRJ5J14
LEI: 213800Y5CJHXOATK7X11
("PHP" or the "Company")


Amendment of exchange price on Convertible Bonds

Primary Health Properties PLC, a leading investor in modern primary health facilities,
announces that the exchange price for new ordinary shares of 12.5p each in PHP ("Ordinary
Shares") to be issued in exchange for the preference shares in the Company's wholly owned
subsidiary PHP Finance (Jersey No.2) Limited ("PHP Jersey") (ISIN: XS2016141637) issued
on conversion of the 2.875% Guaranteed Convertible Bonds due 2025 (the "Convertible
Bonds") has been adjusted to £1.3025 per Ordinary Share in accordance with condition 6.3
(D) of the conditions of issue of the Convertible Bonds.

There are currently £150,000,000 nominal of Convertible Bonds outstanding.

Enquiries:

Richard Howell,
Chief Financial Officer
Primary Health Properties PLC
Telephone: +44 (0) 7766 072272

The Company has a primary listing on the London Stock Exchange and a secondary listing on the
JSE Limited.


United Kingdom
28 March 2024

Sponsor: PSG Capital

Date: 28-03-2024 02:15:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.