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DIRECTOR DEALINGS: MedicX Fund Chairman Acquires Shares

Thu, 02nd Jan 2014 13:01

LONDON (Alliance News) - MedicX Fund Ltd Thursday said Chairman David Staples has acquired 1,316 shares in the company, taking his holding to 0.022% of the total.

Staples, who now holds 77,750 shares in MedicX Fund, was joined by non-executive directors Shelagh Mason and John Hearle in acquiring shares in the company.

Mason acquired 440 shares in the closed-ended investment company, meaning the director's holding now stands at 25,350 shares, or 0.007% of the company, while Hearle acquired 430 shares. His holding now stands at 24,739 shares, roughly equivalent to Mason's.

The shares were acquired on December 31 under the company's scrip dividend scheme at a price of 80.55 pence each.

MedicX has aims to achieve a total return by achieving rental income and capital growth from the ownership of a portfolio of mainly modern, purpose built, primary healthcare properties in the UK.

MedicX Fund shares were Thursday quoted at 83.83 pence, down 0.17 pence, or 0.2%.

By Samuel Agini; samagini@alliancenews.com; @samuelagini

Copyright © 2014 Alliance News Limited. All Rights Reserved.

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