Shore Capital Appointed as Joint Corporate Broker to Primary Health Properties Plc
Shore Capital is delighted to have been appointed as Joint Corporate Broker to Primary Health Properties Plc (“PHP” or “The Company”).
PHP, a FTSE 250 constituent with a market capitalisation of £2.7bn, is the largest London-listed UK healthcare REIT with over £6bn of gross assets in over 1,000 buildings across the UK and Ireland. PHP owns and leases primary healthcare facilities such as large, multi-service GP surgeries permitting local healthcare services to be provided in state-of-the-art, flexible spaces that are convenient to patients.
For shareholders, PHP provides progressive returns through a combination of earnings growth and capital appreciation over time, paying an attractive dividend as part of its total accounting return.
Shore Capital looks forward to working alongside Chairman Harry Hyman, CEO Mark Davies, CFO Richard Howell and the board of directors.
This appointment demonstrates the momentum in Shore Capital’s growing Real Estate franchise, which offers bespoke and dedicated services to our clients.
The Shore Capital team for PHP:
- Executive Sponsors: CEO Simon Fine, Vice Chairman Dr. Clive Black
- Research: Andrew Saunders
- Equity Sales: George Fraser
- Corporate Broking: Ben Canning
- Corporate Advisory: Gillian Martin, Daphne Zhang, Matthew Walton