20th Feb 2019 18:29
LONDON (Alliance News) - Healthcare properties investor Primary Health Properties PLC said Non-Executive Director Peter Cole purchased 50,000 shares at a price of GBP1.1835 per share on Wednesday.
It has not been disclosed how many shares Cole now holds in the company following the GBP59,175 deal.
On Tuesday, the company said it is to fund and acquire a primary healthcare centre in Athy, Ireland, for EUR11.4 million. Primary Health Properties will provide development funding for the 3,975 square metre centre.
The acquisition will increase Primary Healths total portfolio to 316 assets, with a gross value of GBP1.5 billion and contracted rent roll of GBP80 million.
Shares in Primary Health Properties closed down 0.3% at 118.20 pence on Wednesday.
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