Form 8.5 EPT/Non RI PRIMARY HEALTH PROPERTIES PLC

FORM 8.5 (EPT/NON-RI)

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY AN

EXEMPT PRINCIPAL TRADER WITHOUT RECOGNISED INTERMEDIARY ("RI") STATUS

(OR WHERE RI STATUS IS NOT APPLICABLE)

Rule 8.5 of the Takeover Code (the "Code")

1.

KEY INFORMATION

(a)

Name of exempt principal trader:

BARCLAYS CAPITAL SECURITIES LTD

(b)

Name of offeror/offeree in relation to whose relevant securities this form relates:

PRIMARY HEALTH PROPERTIES PLC

(c)

Name of the party to the offer with which exempt principal trader is connected

ASSURA PLC

(d)

Date position held/dealing undertaken:

10 Jun 2025

(e)

In addition to the company in 1(b) above, is the exempt principal trader making disclosures in respect of any other party to the offer?

YES: ASSURA PLC

2.

POSITIONS OF THE EXEMPT PRINCIPAL TRADER

(a)

Interests and short positions in the relevant securities of the offeror or offeree

to which the disclosure relates following the dealing (if any)

Class of relevant security:

12.5p ordinary

Interests

Short Positions

Number

(%)

Number

(%)

(1) Relevant securities owned and/or controlled:

17,012,929

1.27%

10,350,878

0.77%

(2) Cash-settled derivatives:

9,114,596

0.68%

16,324,562

1.22%

(3) Stock-settled derivatives (including options) and agreements to purchase/sell: 

0

0.00%

0

0.00%

TOTAL: 

26,127,525

1.95%

26,675,440

2.00%

Class of relevant security:

Guaranteed Convertible Bond 2025

Interests

Short Positions

Number

(%)

Number

(%)

(1) Relevant securities owned and/or controlled:

2,855,000

1.90%

0

0.00%

(2) Cash-settled derivatives:

0

0.00%

0

0.00%

(3) Stock-settled derivatives (including options) and agreements to purchase/sell: 

0

0.00%

0

0.00%

TOTAL: 

2,855,000

1.90%

0

0.00%

(b)

Rights to subscribe for new securities (including directors and other executive options)

Class of relevant security in relation to which subscription right exists

Details, including nature of the rights concerned and relevant percentages:

3.

DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER

(a)

Purchase and sales

Class of relevant security

Purchase/sale

Total number of securities

Highest price per unit paid/received

Lowest price per unit paid/received

12.5p ordinary

Purchase

569822

1.0010 GBP

0.9968 GBP

12.5p ordinary

Sale

478515

1.0030 GBP

0.9979 GBP

(b)

Cash-settled derivative transactions

Class of relevant security

Product description

Nature of dealing

Number of reference securities

Price per unit

12.5p ordinary

SWAP

Decreasing Short

14

0.9900 GBP

12.5p ordinary

SWAP

Decreasing Short

1,818

0.9979 GBP

12.5p ordinary

SWAP

Decreasing Short

22,242

0.9985 GBP

12.5p ordinary

SWAP

Decreasing Short

38,412

0.9992 GBP

12.5p ordinary

SWAP

Decreasing Short

79,945

0.9994 GBP

12.5p ordinary

SWAP

Decreasing Short

966

1.0020 GBP

12.5p ordinary

SWAP

Decreasing Short

152

23.7840 ZAR

12.5p ordinary

SWAP

Increasing Short

1,720

0.9975 GBP

12.5p ordinary

SWAP

Increasing Short

93,339

0.9977 GBP

12.5p ordinary

SWAP

Increasing Short

52,191

0.9978 GBP

12.5p ordinary

SWAP

Increasing Short

7,607

0.9989 GBP

12.5p ordinary

SWAP

Increasing Short

8,718

0.9991 GBP

12.5p ordinary

SWAP

Increasing Short

61,679

0.9992 GBP

12.5p ordinary

SWAP

Increasing Short

130,352

0.9995 GBP

12.5p ordinary

SWAP

Increasing Short

10,255

1.0004 GBP

12.5p ordinary

CFD

Decreasing Short

1,427

0.9980 GBP

12.5p ordinary

CFD

Decreasing Short

3,033

0.9986 GBP

12.5p ordinary

CFD

Decreasing Short

6,013

0.9989 GBP

12.5p ordinary

CFD

Decreasing Short

41,872

0.9990 GBP

12.5p ordinary

CFD

Decreasing Short

11,700

0.9993 GBP

12.5p ordinary

CFD

Decreasing Short

1,799

0.9994 GBP

12.5p ordinary

CFD

Decreasing Short

207,327

0.9995 GBP

12.5p ordinary

CFD

Increasing Short

17,754

0.9977 GBP

12.5p ordinary

CFD

Increasing Short

124,260

1.0001 GBP

12.5p ordinary

CFD

Increasing Short

152

23.7871 ZAR

(c)

Stock-settled derivative transactions (including options)

(i)

Writing, selling, purchasing or varying

Class of relevant security

Product description

Writing, purchasing, selling, varying etc

Number of securities to which option relates

Exercise price per unit

Type

Expiry date

Option money paid/ received per unit

(ii)

Exercising

Class of relevant security

Product description

Exercising/ exercised against

Number of securities

Exercise price per unit

(d)

Other dealings (including subscribing for new securities)

Class of relevant security

Nature of Dealings

Details

Price per unit (if applicable)

4.

OTHER INFORMATION

(a)

Indemnity and other dealings arrangements

Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the exempt principal trader making the disclosure and any party to the offer or any person acting in concert with a party to the offer:

NONE

(b)

Agreements, arrangements or understandings relating to options or derivatives

Details of any agreement, arrangement or understanding, formal or informal, between the exempt principal trader making the disclosure and any other person relating to: (i) the voting rights of any relevant securities under any option; or (ii) the voting rights of future acquisition or disposal of any relevant securities to which any derivative is referenced:

NONE

(c)

Attachments

Is a Supplemental Form 8 (Open Positions) attached?

NO

Date of disclosure:

11 Jun 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213