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Last checked at 
8 Sep 2025 15:30
Primary Health Properties PLC
Director's & PDMR Dealings - LTIP Vesting
Primary Health Properties PLC (the "Company" or "PHP"), one of the UK's leading investors in modern primary healthcare facilities, announces that Richard Howell, Chief Financial Officer, together with a further person discharging managerial responsibility ("PDMR"), have received Ordinary Shares of 12.5 pence each in the Company ("Ordinary Shares") under the terms of the Company's Long-Term Incentive Plan ("LTIP") (the "Vesting").
Following conclusion of the recent extended closed period, the awards vested on 8 September 2025 for nil consideration pursuant to a conditional award made on 21 February 2022. For both Mr Howell and Mr Austin, the number of Ordinary Shares which vested is stated after the deduction of the relevant taxation and National Insurance charges.
Director | Number of shares vesting |
Richard Howell | 101,556 |
PDMR | |
David Austin | 23,552 |
All Ordinary Shares in connection with the Vesting will be transferred to the relevant individuals from the Company's employee benefit trust ("EBT").
Details of the operation of the LTIP are set out in the Company's 2024 Report and Accounts.
Details of the transactions referenced above are included below in accordance with Article 19 of the retained EU law version of the Market Abuse Regulation (Regulation 596/2014).
1 | Details of the person discharging managerial responsibilities/persons closely associated | ||
(a) | Name | Richard Howell
| |
2 | Reason for notification | ||
(a) | Position/Status | Chief Financial Officer | |
(b) | Initial notification/amendment | Initial notification
| |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||
(a) | Name | Primary Health Properties PLC | |
(b) | LEI | 213800Y5CJHXOATK7X11
| |
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date: and (iv) each place where transactions have been conducted | ||
(a) | Description of the financial instrument, type of instrument and identification code | Ordinary shares of 12.5p ISIN: GB00BYRJ5J14 | |
(b) | Nature of transaction | Vesting of conditional share awards under the Company's LTIP | |
(c) | Price(s) and volume(s) | Price(s) | Volume(s) |
Nil cost | 101,556 | ||
(d) | Aggregated Information | Single transaction: N/A | |
(e) | Date of transaction | 8 September 2025
| |
(f) | Place of transaction | London Stock Exchange (XLON)
| |
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
(a) | Name | David Austin
| |
2 | Reason for notification | ||
(a) | Position/Status | PDMR | |
(b) | Initial notification/amendment | Initial notification
| |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||
(a) | Name | Primary Health Properties PLC | |
(b) | LEI | 213800Y5CJHXOATK7X11
| |
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date: and (iv) each place where transactions have been conducted | ||
(a) | Description of the financial instrument, type of instrument and identification code | Ordinary shares of 12.5p ISIN: GB00BYRJ5J14 | |
(b) | Nature of transaction | Vesting of conditional share awards under the Company's LTIP | |
(c) | Price(s) and volume(s) | Price(s) | Volume(s) |
Nil cost | 23,552
| ||
(d) | Aggregated Information | Single transaction: N/A | |
(e) | Date of transaction | 8 September 2025
| |
(f) | Place of transaction | London Stock Exchange (XLON)
| |
More information on Primary Health Properties PLC can be found on www.phpgroup.co.uk
Further details for enquiries:
Mark Davies Chief Executive Officer
| via Burson Buchanan
Tel: +44 (0) 20 7466 5066
|
Richard Howell Chief Financial Officer
| via Burson Buchanan Tel: +44 (0) 20 7466 5066 |
Stephanie Whitmore (Burson Buchanan) Tel: +44 (0) 20 7466 5066 |
Legal Entity Identifier: 213800Y5CJHXOATK7X11
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