Primary Health properties Plc announces funding of an acquisition

  • Nov 25, 2019 GMT
  • Team Kalkine
  • The company has announced that it has entered into an agreement with a sponsor to fund the acquisition of primary care centre in Mountain Ash, Rhondda Cynon Taf, Wales.
  • The wholly owned subsidiary of the company will fund the development cost of £4.92 million
  • Cwm Taf Morgannwg University Local Health Board will rent the property for first 25 years.
  • The total area of the building will be 1,253 square metre
  • On 25 November 2019, PHP shares were trading at GBX 142 at GMT 11:09 AM, flat compared to the previous day’s closing price level.

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