Primary Health Properties (PHP)

Sector:

Property Investment Trusts

Index:

FTSE 250

92.00p
   
  • Change Today:
    -0.20p
  • 52 Week High: 103.50
  • 52 Week Low: 86.15
  • Currency: UK Pounds
  • Shares Issued: 2,495.74m
  • Volume: 18,989,389
  • Market Cap: £2,296.08m
  • RiskGrade: 84

Primary Health Properties sells 13 centres for £27.7m

By Frank Prenesti

Date: Thursday 07 Jul 2022

LONDON (ShareCast) - (Sharecast News) - Primary Health Properties said it has sold a portfolio of 13 smaller medical centres across England and Wales for £27.7m.
The sale price is 13% above PHP's book value at 31 December 2021. Following completion of the sale, which is anticipated to take place later this month, the company's portfolio will comprise 511 assets, of which 20 are in Ireland, with a contracted rent roll of just under £143m.

"We are delighted to have been able to achieve such a strong price for this portfolio of medical centres, which comprises smaller facilities significantly below our average lot size," said chief executive Harry Hyman.

"The disposal will allow us to deploy the proceeds into our strong pipeline across the UK and Ireland which we believe will deliver stronger returns."

Reporting by Frank Prenesti at 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 92.00p
Change Today -0.20p
% Change -0.22 %
52 Week High 103.50
52 Week Low 86.15
Volume 18,989,389
Shares Issued 2,495.74m
Market Cap £2,296.08m
RiskGrade 84

PHP Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
65.34% below the market average65.34% below the market average65.34% below the market average65.34% below the market average65.34% below the market average
36% below the sector average36% below the sector average36% below the sector average36% below the sector average36% below the sector average
Price Trend
6.34% above the market average6.34% above the market average6.34% above the market average6.34% above the market average6.34% above the market average
33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average
Income
88.83% above the market average88.83% above the market average88.83% above the market average88.83% above the market average88.83% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average
Growth
8.56% above the market average8.56% above the market average8.56% above the market average8.56% above the market average8.56% above the market average
14.29% above the sector average14.29% above the sector average14.29% above the sector average14.29% above the sector average14.29% above the sector average

What The Brokers Say

Strong Buy 4
Buy 1
Neutral 3
Sell 0
Strong Sell 0
Total 8
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

PHP Dividends

  Latest Previous
  Q3 Q2
Ex-Div 03-Jul-25 27-Mar-25
Paid 15-Aug-25 09-May-25
Amount 1.77p 1.77p

Trades for 29-Aug-2025

Time Volume / Share Price
17:12 386,500 @ 91.85p
17:12 386,500 @ 91.90p
17:07 7,000 @ 92.00p
16:43 5,878 @ 92.37p
16:38 115,096 @ 92.00p

PHP Key Personnel

CFO Richard Howell
CEO Mark Davies

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