Assura PLC Acquisition and Issue of Consideration Shares (2094E)
November 02 2015 - 7:14AM
UK Regulatory
TIDMAGR
RNS Number : 2094E
Assura PLC
02 November 2015
2 November 2015
Assura plc
Acquisition and Issue of Consideration Shares
Assura plc ("Assura"), the UK REIT and leading primary care
property investor and developer announces that on 30 October, it
acquired Abbey Healthcare Group Limited and Abbey Healthcare
Property Investments Limited from its former shareholders Peter
Archer and Gina Archer (together, the "Sellers"). As part of the
consideration payable under the terms of the acquisition, Assura
has agreed to issue to the Sellers 2,229,072 ordinary shares of 10
pence each ("Ordinary Shares"). These new shares will rank pari
passu with the existing Ordinary Shares.
Application has been made to the UK Listing Authority and to the
London Stock Exchange for the new shares to be admitted to the
Official List and to trading on the London Stock Exchange's main
market for listed securities ("Admission"). It is expected that
Admission will occur at 8.00 a.m. on 4 November 2015. Based on the
closing share price on 30 October 2015 of 56.5 pence per share, the
new shares issued are valued at GBP1.3 million.
For the purposes of the Financial Conduct Authority's Disclosure
and Transparency Rules ("DTRs"), the issued ordinary share capital
of the Company following Admission on 4 November will consist of
1,635,218,643 Ordinary Shares. This total voting rights figure may
be used by shareholders as the denominator for the calculations by
which they will determine whether they are required to notify their
interests in, or a change to their interest in, the Company under
the DTRs.
For more information, please contact:
Assura plc Tel: 01925 420660
Jonathan Murphy
Orla Ball
Carolyn Jones
Finsbury Tel: 0207 251 3801
Gordon Simpson
Notes to Editors
Assura is a UK REIT and long-term investor in and developer of
primary care property. The company, headquartered in Warrington and
listed on the London Stock Exchange, works with GPs, health
professionals and the NHS to create innovative property solutions
in order to facilitate delivery of high quality patient care in the
community. At 31 March 2015, Assura's property portfolio was valued
at GBP931 million.
Further information is available at www.assuraplc.com
This information is provided by RNS
The company news service from the London Stock Exchange
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