22 May 2017

Primary Health Properties PLC

("PHP" or the "Company")

In connection with the scrip dividend offer made in respect of the second quarterly interim dividend for 2017 of 1.31 pence per ordinary share announced on 30 March 2017, the Company announces that it has received valid elections from shareholders resulting in a requirement to issue 596,160 new ordinary shares of 12.5p each in the capital of the Company ("New Shares").  

PHP has therefore today made application for the New Shares to be issued in lieu of the second quarterly interim cash dividend for 2017 to be admitted to the premium segment of the Official List of the Financial Conduct Authority and to trading on the main market for listed securities of the London Stock Exchange respectively.  Admission of the New Shares is expected to be effective on 26 May 2017.

For further information:

Primary Health Properties PLC

Paul Wright, Nexus Management Services Limited, Company Secretary                                               +44(0) 20 7451 7050