Nexus pledges PHP shares as security for £1.5m RBC loan

Primary Health Properties PLC (PHP) announced on December 17, 2025, that Nexus Group Holdings Limited, a person closely associated (PCA) with PHP's non-executive chair Harry Hyman, entered into a security arrangement. Nexus pledged 10,000,000 ordinary shares in PHP as security against a £1.5 million loan facility with Royal Bank of Canada (RBC). The transaction, which occurred outside of a trading venue, involved no price or volume exchanged beyond the pledge itself.

Despite the pledge, Nexus Group Holdings Limited remains the beneficial owner of the 10,000,000 ordinary shares and retains full voting rights. Following this transaction, Nexus' shareholding in PHP remains unchanged at 12,330,000 ordinary shares, which constitutes approximately 0.475% of the company's issued share capital.

The ultimate beneficial ownership of Mr. Hyman and his connected parties in PHP shares is also unchanged, totaling 24,602,103 ordinary shares, representing approximately 0.948% of the company's issued share capital. This information was officially notified to the company on the same day the arrangement came into effect.