Less Ads, More Data, More Tools Register for FREE

Pin to quick picksMedicx Fund Regulatory News (MXF)

  • There is currently no data for MXF

Acquisition

3 Jul 2012 09:58

RNS Number : 7697G
The MedicX Fund Limited
03 July 2012
 



 

For immediate release

 

03 July 2012

 

 

 

 

MedicX Fund Limited

("MedicX Fund", "the Fund" or "the Company")

 

 

Acquisition of a new primary care medical centre

 

 

MedicX Fund, (LSE: MXF), the specialist primary care infrastructure investor in modern, purpose-built, primary healthcare properties in the United Kingdom, is pleased to announce it has contracted to forward fund a refurbishment of a primary care medical centre as well as an extension to provide a new pharmacy in Middlewich, Cheshire, with practical completion expected in December 2012.

 

The property will be let to one GP practice on the basis of a 25 year lease, subject to three-yearly rent reviews to RPI and a pharmacy by way of a 21 year lease, subject to three-yearly rent reviews to RPI. The total acquisition cost of the property is anticipated to be £1.9 million.

 

The MedicX Fund's total property portfolio now comprises 74 properties throughout the United Kingdom of which 63 are complete and 11 are under construction. The annualised rent roll for all properties is now £18.4 million.

 

 

End

 

 

 

For further information please contact:-

 

Buchanan +44 (0) 20 7466 5000

Charles Ryland/Gabriella Clinkard

 

MedicX Group +44 (0) 1483 869 500

Keith Maddin, Chairman

Mike Adams, Chief Executive Officer

Mark Osmond, Chief Financial Officer

 

MedicX Fund +44 (0) 1481 723 450

David Staples, Chairman

 

 

 

 

 

 

Information on MedicX Fund Limited

 

MedicX Fund Limited ("MXF", the "Fund" or the "Company", or together with its subsidiaries, the "Group") is the specialist primary care infrastructure investor in modern, purpose-built primary healthcare properties in the United Kingdom, listed on the London Stock Exchange, with a portfolio comprising 74 properties.

 

The Investment Adviser to the Company is MedicX Adviser Ltd, which is authorised and regulated by the Financial Services Authority and is a subsidiary of the MedicX Group. The MedicX Group is a specialist investor, developer and manager of healthcare properties with 27 people operating across the UK.

 

The Company's website address is www.medicxfund.com. Neither the contents of the Company's website nor the contents of any website accessible from hyperlinks on the Company's website (or any other website) are incorporated into, or forms part of, this announcement.

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
ACQRJMPTMBAMMIT
Date   Source Headline
15th Mar 20175:54 pmRNSScrip Dividend Declaration
13th Mar 20177:00 amRNSAcquisition of a new primary healthcare centre
28th Feb 20174:48 pmRNSAcquisition of a new primary healthcare centre
27th Feb 20172:32 pmRNSBlock listing application
23rd Feb 20173:43 pmRNSScrip Calculation Price for March 2017 Dividend
22nd Feb 20175:00 pmRNSBoard change
22nd Feb 20172:12 pmRNSPublication of Circular to Shareholders
17th Feb 20172:12 pmRNSIssue of ordinary shares
9th Feb 20173:37 pmRNSIssue of ordinary shares
9th Feb 20172:29 pmRNSQuarterly NAV announcement and business update
9th Feb 201712:33 pmRNSAnnual General Meeting results
1st Feb 20173:15 pmRNSNotice of dividend
27th Jan 201712:50 pmRNSIssue of ordinary shares
26th Jan 20177:00 amRNSJoint Venture Agreement and Extension of GPIC
5th Jan 20173:03 pmRNSIssue of ordinary shares
5th Jan 201711:55 amRNSIssue of ordinary shares
5th Jan 20179:00 amRNSAllotment of scrip shares to Directors
5th Jan 20179:00 amRNSTotal voting rights
5th Jan 20179:00 amRNSAllotment of scrip shares to Investment Adviser
19th Dec 20162:20 pmRNSIssue of ordinary shares and property disposal
13th Dec 20167:00 amRNSFull Year Results 2016
12th Dec 20163:14 pmRNSScrip Dividend Declaration
28th Nov 20164:55 pmRNSIssue of ordinary shares
24th Nov 20162:50 pmRNSScrip Calculation Price for the Dec 2016 Dividend
22nd Nov 20163:20 pmRNSPublication of Circular - Scrip Dividend Scheme
18th Nov 20161:19 pmRNSIssue of ordinary shares
17th Nov 201610:40 amRNSIssue of ordinary shares
1st Nov 201611:15 amRNSNotice of dividend
26th Oct 20161:28 pmRNSIssue of ordinary shares
20th Oct 20162:07 pmRNSIssue of ordinary shares
19th Oct 201612:35 pmRNSAcquisition of new primary healthcare centre
4th Oct 20161:30 pmRNSIssue of ordinary shares
4th Oct 201611:25 amRNSIssue of ordinary shares
3rd Oct 20165:45 pmRNSTotal voting rights
3rd Oct 20165:40 pmRNSAllotment of scrip shares to Investment Adviser
3rd Oct 20165:35 pmRNSAllotment of scrip shares to Directors
28th Sep 20162:10 pmRNSIssue of ordinary shares
23rd Sep 201612:20 pmRNSIssue of ordinary shares
16th Sep 20169:00 amRNS£20 million revolving loan facility
15th Sep 20163:07 pmRNSBlock listing application
13th Sep 20165:05 pmRNSScrip Dividend Declaration
12th Sep 20161:00 pmRNSSale of ordinary shares out of treasury
26th Aug 20162:45 pmRNSReplacement: Scrip Dividend Scheme
25th Aug 20163:10 pmRNSScrip Dividend Scheme
24th Aug 201612:50 pmRNSSale of ordinary shares out of treasury
23rd Aug 20164:40 pmRNSScrip Dividend Scheme
23rd Aug 20164:36 pmRNSSale of ordinary shares out of treasury
8th Aug 20164:51 pmRNSSale of ordinary shares out of treasury
4th Aug 20169:00 amRNSQuarterly NAV announcement and business update
1st Aug 201610:22 amRNSNotice of Dividend

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.