Primary Health Properties (PHP)

Sector:

Property Investment Trusts

Index:

FTSE 250

93.75p
   
  • Change Today:
    -1.25p
  • 52 Week High: 107.00
  • 52 Week Low: 85.50
  • Currency: UK Pounds
  • Volume: 2,609,137
  • RiskGrade: 84

Primary Health Properties buys Ireland's Axis for undisclosed sum

By Frank Prenesti

Date: Monday 23 Jan 2023

LONDON (ShareCast) - (Sharecast News) - Primary Health Properties has bought Irish property management business Axis Technical Services and signed a long-term agreement providing access to a strong pipeline of future primary care projects in Ireland, the company said on Monday.
Axis manages a portfolio of more than 30 properties, including the majority of PHP's Irish portfolio, it added. No financial details were disclosed.

"The acquisition gives the group a permanent presence on the ground, further strengthening its position in the country and relationship with the Health Service Executive, Ireland's national health service provider," PHP said.

Axis also provides fit-out, property and facilities management services to the HSE and other businesses located across Ireland.

As part of the deal, PHP has signed a development pipeline agreement with a related company owned by the selling shareholders, which gives the group the option to acquire Axis's development pipeline over the next five years.

Reporting by Frank Prenesti for Sharecast.com

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

PHP Market Data

Currency UK Pounds
Share Price 93.75p
Change Today -1.25p
% Change -1.32 %
52 Week High 107.00
52 Week Low 85.50
Volume 2,609,137
RiskGrade 84

PHP Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
60.19% below the market average60.19% below the market average60.19% below the market average60.19% below the market average60.19% below the market average
23.08% below the sector average23.08% below the sector average23.08% below the sector average23.08% below the sector average23.08% below the sector average
Price Trend
15.54% below the market average15.54% below the market average15.54% below the market average15.54% below the market average15.54% below the market average
26.67% below the sector average26.67% below the sector average26.67% below the sector average26.67% below the sector average26.67% below the sector average
Income
82.35% above the market average82.35% above the market average82.35% above the market average82.35% above the market average82.35% above the market average
84.00% above the sector average84.00% above the sector average84.00% above the sector average84.00% above the sector average84.00% above the sector average
Growth
82.85% below the market average82.85% below the market average82.85% below the market average82.85% below the market average82.85% below the market average
64.29% below the sector average64.29% below the sector average64.29% below the sector average64.29% below the sector average64.29% below the sector average

What The Brokers Say

Strong Buy 3
Buy 1
Neutral 4
Sell 1
Strong Sell 1
Total 10
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

PHP Dividends

  Latest Previous
  Q2 Q1
Ex-Div 28-Mar-24 11-Jan-24
Paid 17-May-24 23-Feb-24
Amount 1.73p 1.73p

Trades for 28-Mar-2024

Time Volume / Share Price
16:35 829,341 @ 93.75p
16:35 1,185 @ 93.75p
16:35 4,696 @ 93.75p
16:35 7,692 @ 93.75p
16:35 517 @ 93.75p

PHP Key Personnel

CEO Harry Abraham Hyman
CFO Richard Howell

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