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:

02 May 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:

10,728,887

0.80%

10,327,411

0.77%

(2) Cash-settled derivatives:

8,788,794

0.66%

9,536,447

0.71%

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

0

0.00%

0

0.00%

TOTAL: 

19,517,681

1.46%

19,863,858

1.48%

Class of relevant security:

Guaranteed Convertible Bond

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

610291

1.0290 GBP

1.0170 GBP

12.5p ordinary

Sale

430166

1.0290 GBP

1.0170 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

22,864

1.0170 GBP

12.5p ordinary

SWAP

Decreasing Short

19,191

1.0216 GBP

12.5p ordinary

SWAP

Decreasing Short

22,093

1.0243 GBP

12.5p ordinary

SWAP

Decreasing Short

24,588

1.0249 GBP

12.5p ordinary

SWAP

Decreasing Short

24,712

1.0254 GBP

12.5p ordinary

SWAP

Decreasing Short

23,999

1.0260 GBP

12.5p ordinary

SWAP

Decreasing Short

5,244

1.0267 GBP

12.5p ordinary

SWAP

Decreasing Short

483

1.0270 GBP

12.5p ordinary

SWAP

Decreasing Short

3,000

25.1042 ZAR

12.5p ordinary

SWAP

Decreasing Short

133

25.1242 ZAR

12.5p ordinary

SWAP

Increasing Short

24,483

1.0169 GBP

12.5p ordinary

SWAP

Increasing Short

51,528

1.0170 GBP

12.5p ordinary

SWAP

Increasing Short

4,268

1.0180 GBP

12.5p ordinary

SWAP

Increasing Short

42,273

1.0209 GBP

12.5p ordinary

SWAP

Increasing Short

7,586

1.0284 GBP

12.5p ordinary

SWAP

Increasing Short

3,195

1.0290 GBP

12.5p ordinary

SWAP

Increasing Short

1,426

25.3455 ZAR

12.5p ordinary

CFD

Decreasing Short

9,813

1.0169 GBP

12.5p ordinary

CFD

Decreasing Short

34,155

1.0170 GBP

12.5p ordinary

CFD

Decreasing Short

22,322

1.0267 GBP

12.5p ordinary

CFD

Decreasing Short

768

1.0269 GBP

12.5p ordinary

CFD

Decreasing Short

2,000

1.0279 GBP

12.5p ordinary

CFD

Decreasing Short

1,426

25.3422 ZAR

12.5p ordinary

CFD

Increasing Short

1,194

1.0215 GBP

12.5p ordinary

CFD

Increasing Short

170,454

1.0261 GBP

12.5p ordinary

CFD

Increasing Short

87,376

1.0265 GBP

12.5p ordinary

CFD

Increasing Short

3,000

25.1075 ZAR

12.5p ordinary

CFD

Increasing Short

133

25.1256 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:

06-May-25

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213