22nd Sep 2006 11:39
Primary Health Properties PLC22 September 2006 Primary Health Properties PLC has made application for the admission to theOfficial List of the UK Listing Authority of 1,600,000 Ordinary Shares of 50pence each issued by Primary Health Properties PLC in respect of the exercise bythe Joint Managers, J O Hambro Capital Management Limited and Nexus PHPManagement Limited of management options on 21 September 2006 at an exerciseprice of £1.71 per option pursuant to the Management Agreement dated 17September 2003. 1,120,000 Ordinary Shares have been allotted to NEXUS PHPManagement Limited and 480,000 Ordinary Shares allotted to J O Hambro CapitalManagement Limited. Mr Hyman is a Director of the Company and Nexus PHPManagement Limited. Mr Hambro is a Director of the Company and J O HambroCapital Management Limited. Following the exercise of management options Mr Hyman is interested in 2,110,700non beneficial) and 38,490 Ordinary Shares (beneficial) in aggregate 2,149,190Ordinary Shares (8.85% of the issued share capital). Following the exercise of management options Mr Hambro is interested in 480,000(non- beneficial) and 20,000 Ordinary Shares (beneficial) in aggregate 500,000Ordinary Shares (2.06% of the issued share capital). Admission of the new securities is expected to be effective on 27 September 2006. The issued share capital is therefore 24,277,718 ordinary shares of 50 penceeach. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Primary Health