AI assistant
HEALIUS LIMITED — Capital/Financing Update 2015
Nov 12, 2015
65058_rns_2015-11-12_68953c46-e1c5-44d0-bc92-b4ee01269ba6.pdf
Capital/Financing Update
Open in viewerOpens in your device viewer
ASX Announcement (ASX: PRY)
ASX Limited Market Announcements Office Exchange Centre Level 4, 20 Bridge Street Sydney NSW 2000
ACN 064 530 516 ACN 064 530 516 REGISTERED OFFICE: LEVEL 1, 30-38 SHORT STREET LEICHHARDT NSW 2040 TEL: +61 2 9561 3300 FAX: +61 2 9561 3301
13 November 2015
SALE OF BARANGAROO OFFICE SITE
Primary Health Care Limited (“Primary”) today announced that it has entered into an agreement to sell its Barangaroo office site at Millers Point for $40 million.
Primary Managing Director, Mr Peter Gregg said: “The sale demonstrates on‐going delivery of our strategic review initiative to recycle capital from non‐core assets, strengthen the balance sheet and reduce debt."
As the property is leasehold, the sale agreement is conditional upon consent from the head landlord, the Barangaroo Development Authority, to the assignment of Primary's lease. It is expected to be finalised in the first half of calendar year 2016.
ENDS
For further information contact: Janet Payne – 02 8397 9999 (analysts and investors) Lauren Thompson – 0438 954 729 (media)
1