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Primary Health Properties PLC completes Prime Public Partnerships (Holdings) Limited acquisition

Tuesday, 3 Dec 2013 03:27am EST 

Primary Health Properties PLC:Says it has completed on Dec. 3 the acquisition of the entire issued share capital of Prime Public Partnerships (Holdings) Limited (PPP) for an estimated 41.1 million pounds.Says the acquisition of PPP secures an additional 54 primary healthcare facilities across the UK, with an aggregate value of 233 million pounds and a contracted annual rent roll of 14.3 million pounds.Says the consideration for PPP has been satisfied through PHP allotting and issuing 12,577,771 ordinary shares of 50 pence each to the Sellers. 

Company Quote

-2.5 -0.63%
26 Mar 2015