Primary Health Properties PLC

AGM Information • Nov 11, 2015

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RNS Number : 3779F

Primary Health Properties PLC

11 November 2015

Primary Health Properties PLC

11 November 2015

Results of General Meeting and statement regarding future dividends

Primary Health Properties PLC (the "Company") announces that at the General Meeting of the Company held today, 11 November 2015, the sole resolution, as set out in full in the Notice of General Meeting contained within the circular to shareholders of the Company (the "Shareholders") dated 15 October 2015 (the "Circular"), was duly passed.

Proxy votes received:

FOR		DISCRETIONARY		AGAINST		WITHHELD		TOTAL VOTE
No. of votes	No. of cards	No. of votes	No. of cards	No. of votes	No. of cards	No. of votes	No. of cards
42,839,834	416	88,693	35	53,140	22	8,982	4	42,990,649

Following the approval by Shareholders of the proposed sub-division of each existing ordinary share of 50 pence each with ISIN GB0007015521 into four new ordinary shares of 12.5 pence each (the "New Ordinary Shares") with the new ISIN GB00BYRJ5J14 (the "Sub-Division"), the Company confirms the below timetable of events:

6.00 p.m. 11 November 2015                      Record date for the Sub-Division

8.00 a.m. 12 November 2015                      Effective date and time of Sub-Division, admission of New Ordinary Shares to the Official List and commencement of dealings on the Main Market and credit of New Ordinary Shares to CREST accounts

25 November 2015                                       Dispatch (where applicable) of certificates for the New Ordinary Shares

The New Ordinary Shares of 12.5 pence each will continue to trade on the London Stock Exchange's main market for listed securities and on the premium listing segment of the Official List.

Full details of the Sub-Division are set out in the Circular and available for inspection on the investor relations section of the Company's website: www.phpgroup.co.uk.

Statement regarding future dividends

Following the approval given by shareholders in General Meeting for the Sub-Division, the Board confirms its intention to move to paying a quarterly dividend from 2016 onwards.

It is the Board's current intention that the first quarterly interim dividend will be 1.28125 pence per New Ordinary Share equivalent to 5.125 pence per old share. Payment of such dividend will be confirmed in early January 2016 and is expected to be paid in early February 2016 thereby allowing time for shareholders to avail themselves of the scrip dividend alternative should they so choose. Subsequent quarterly payments are expected to be made in May, August and November.

Enquiries:

Harry Hyman Primary Health Properties PLC T +44 (0) 20 7451 7050 harry.hyman@nexusgroup.co.uk	Phil Holland Primary Health Properties PLC T +44 (0) 20 7104 5599 phil.holland@nexusgroup.co.uk
Victoria Geoghegan / Elizabeth Snow Bell Pottinger T +44 (0) 20 7772 2562

This information is provided by RNS

The company news service from the London Stock Exchange

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