20th May 2005 15:24
Primary Health Properties PLC20 May 2005 20 May 2005 Primary Health Properties PLC Re Scrip dividend Further to the scrip dividend offer made to shareholders entitling them toreceive new ordinary shares in Primary Health Properties PLC in lieu of cash,the Board wishes to announce that the Scrip Dividend alternative has beenwithdrawn for the Interim Dividend as the middle market quotation of an OrdinaryShare, derived from the London Stock Exchange plc's Daily Official List for 9May 2005, (the final date for receipt of the Forms of Election), had fallen bymore than 10 per cent. from 314.7p (being the average of the closing middlemarket quotations, derived from the London Stock Exchange plc's Daily OfficialList for an Ordinary Share from 14 to 18 March 2005 inclusive, being two daysbefore and two days after the day on which the Ordinary Shares were quotedex-dividend). This provision, notified to shareholders in the circular dated 8April 2005, was put in place to protect them against a fall in the price of anOrdinary Share between the date on which they made an election for the ScripDividend and the final date for receipt of the Form of Election. Accordingly,any election for the Scrip Dividend in respect of the Interim Dividend will bedeemed to be void and the Cash Dividend will be paid in the usual way. Enquiries: Harry HymanManaging DirectorPrimary Health Properties PLCTel: 01483 306912 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Primary Health