PHP completes Assura acquisition with new share admission

Primary Health Properties PLC (PHP) has completed the admission of 29,556,535 new shares to the Official List of the FCA and to trading on the London Stock Exchange's Main Market, effective September 4, 2025. This follows the increased and recommended shares and cash offer for Assura Plc, which became unconditional on August 12, 2025. The revised offer remains open for acceptances until 1:00 p.m. on September 10, 2025.

Additionally, PHP has reported director/PDMR shareholdings related to the acquisition. Ian Krieger, a non-executive director, exchanged his Assura plc shares for 201,539 PHP shares on August 26, 2025. Caron Krieger, PCA of Ian Krieger, also exchanged Assura plc shares for 111,853 PHP shares on the same date. Both transactions were executed on the London Stock Exchange.

The combination is implemented under English law, subject to regulatory requirements including the Companies Act and the Takeover Code. PHP has advised Assura shareholders to consult the original offer document and revised offer document for full terms and conditions, and to seek independent financial advice if in doubt.