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Barclays Capital Securities Ltd, an exempt principal trader connected to Assura PLC, disclosed its open positions and dealings in Primary Health Properties PLC relevant securities as of April 24, 2025. It held interests of 18,218,866 (1.36%) and short positions of 19,428,910 (1.45%) in 12.5p ordinary shares, plus 2,855,000 (1.90%) interests in Guaranteed Convertible Bonds. On April 24, 2025, it purchased 601,821 ordinary shares, sold 249,951 ordinary shares, and executed various cash-settled derivative transactions.
| Date | 25 Apr 2025 |
| Time | 12:00:19 |
| Category | Holding(s) in company |
| ID | 2637G |
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FORM 8.5 (EPT/NON-RI) |
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PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY AN |
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EXEMPT PRINCIPAL TRADER WITHOUT RECOGNISED INTERMEDIARY ("RI") STATUS |
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(OR WHERE RI STATUS IS NOT APPLICABLE) |
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Rule 8.5 of the Takeover Code (the "Code") |
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1. |
KEY INFORMATION |
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(a) |
Name of exempt principal trader: |
BARCLAYS CAPITAL SECURITIES LTD |
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(b) |
Name of offeror/offeree in relation to whose |
PRIMARY HEALTH PROPERTIES PLC |
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(c) |
Name of the party to the offer with which exempt |
ASSURA PLC |
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(d) |
Date position held/dealing undertaken: |
24 Apr 2025 |
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(e) |
In addition to the company in 1(b) above, is the exempt principal |
YES: |
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2. |
POSITIONS OF THE EXEMPT PRINCIPAL TRADER |
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(a) |
Interests and short positions in the relevant securities of the offeror or offeree |
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to which the disclosure relates following the dealing (if any) |
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Class of relevant security: |
12.5p ordinary |
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Interests |
Short Positions |
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Number |
(%) |
Number |
(%) |
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(1) Relevant securities owned and/or controlled: |
9,290,788 |
0.70% |
10,835,391 |
0.81% |
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(2) Cash-settled derivatives: |
8,928,078 |
0.66% |
8,593,519 |
0.64% |
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(3) Stock-settled derivatives (including options) and agreements to purchase/sell: |
0 |
0.00% |
0 |
0.00% |
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18,218,866 |
1.36% |
19,428,910 |
1.45% |
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Class of relevant security: |
Guaranteed Convertible Bond |
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Interests |
Short Positions |
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Number |
(%) |
Number |
(%) |
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(1) Relevant securities owned and/or controlled: |
2,855,000 |
1.90% |
0 |
0.00% |
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(2) Cash-settled derivatives: |
0 |
0.00% |
0 |
0.00% |
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(3) Stock-settled derivatives (including options) and agreements to purchase/sell: |
0 |
0.00% |
0 |
0.00% |
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2,855,000 |
1.90% |
0 |
0.00% |
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(b) |
Rights to subscribe for new securities (including directors and other executive options) |
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Class of relevant security in relation to |
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Details, including nature of the rights |
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3. |
DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER |
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(a) |
Purchase and sales |
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Class of relevant |
Purchase/sale |
Total number of |
Highest price per unit |
Lowest price per unit |
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12.5p ordinary |
Purchase |
601821 |
1.0058 GBP |
0.9966 GBP |
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12.5p ordinary |
Sale |
249951 |
1.0050 GBP |
1.0000 GBP |
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(b) |
Cash-settled derivative transactions |
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Class of |
Product description |
Nature of dealing |
Number of |
Price per |
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12.5p ordinary |
SWAP |
Increasing Long |
17,075 |
0.9999 GBP |
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12.5p ordinary |
SWAP |
Increasing Long |
8,768 |
1.0001 GBP |
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12.5p ordinary |
SWAP |
Increasing Long |
4,968 |
24.6886 ZAR |
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12.5p ordinary |
SWAP |
Increasing Long |
59 |
24.7745 ZAR |
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12.5p ordinary |
SWAP |
Decreasing Long |
35,765 |
0.9999 GBP |
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12.5p ordinary |
SWAP |
Decreasing Long |
169,346 |
1.0000 GBP |
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12.5p ordinary |
SWAP |
Decreasing Long |
23,172 |
1.0020 GBP |
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12.5p ordinary |
SWAP |
Decreasing Long |
6,776 |
1.0025 GBP |
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12.5p ordinary |
SWAP |
Decreasing Long |
35,927 |
1.0029 GBP |
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12.5p ordinary |
SWAP |
Decreasing Long |
8,569 |
1.0030 GBP |
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12.5p ordinary |
SWAP |
Decreasing Long |
20,552 |
1.0058 GBP |
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12.5p ordinary |
SWAP |
Decreasing Long |
2 |
25.2307 ZAR |
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12.5p ordinary |
CFD |
Decreasing Short |
4,968 |
1.0009 GBP |
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12.5p ordinary |
CFD |
Decreasing Short |
2 |
25.2250 ZAR |
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12.5p ordinary |
CFD |
Increasing Short |
1,541 |
1.0020 GBP |
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12.5p ordinary |
CFD |
Increasing Short |
4,968 |
24.6918 ZAR |
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12.5p ordinary |
CFD |
Increasing Short |
59 |
24.7759 ZAR |
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(c) |
Stock-settled derivative transactions (including options) |
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(i) |
Writing, selling, purchasing or varying |
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Class |
Product |
Writing, |
Number |
Exercise |
Type |
Expiry |
Option |
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(ii) |
Exercising |
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Class of relevant |
Product description |
Exercising/ exercised against |
Number of |
Exercise price per |
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(d) |
Other dealings (including subscribing for new securities) |
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Class of relevant |
Nature of Dealings |
Details |
Price per unit (if |
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4. |
OTHER INFORMATION |
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(a) |
Indemnity and other dealings arrangements |
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Details of any indemnity or option arrangement, or any agreement or understanding, |
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NONE |
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(b) |
Agreements, arrangements or understandings relating to options or derivatives |
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Details of any agreement, arrangement or understanding, formal or informal, between |
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NONE |
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(c) |
Attachments |
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Is a Supplemental Form 8 (Open Positions) attached? |
NO |
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Date of disclosure: |
25 Apr 2025 |
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Contact name: |
Large Holdings Regulatory Operations |
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Telephone number: |
020 3134 7213 |
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