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Primary Health Properties PLC

Primary Health completes on MedicX merger, boosts Irish portfolio

Primary Health Properties PLC (LON:PHP) managing director Harry Hyman spoke to Proactive London following the completion of its merger with MedicX Fund (LON:MXF).

PHP expects the deal to result in cost savings of £4mln in the first year and lower financing charges further out.

Also this week PHP contracted to acquire a standing let primary care centre in the Republic of Ireland.

It has acquired The Meath Primary Healthcare Centre, a primary care centre located in Dublin, for a total cost of €10.9 million.

Quick facts: Primary Health Properties PLC

Price: £1.38

Market: LSE
Market Cap: £1.57 billion
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Primary Health Props 'delighted' with terms of new £150mln loan following...

Primary Health Properties PLC's (LON:PHP) Harry Hyman and Richard Howell recap on the 'transformational' MedicX deal and what it's meant for the group's enlarged portfolio. Hyman says a lot of focus has been on integrating the two businesses, which is going to plan, and to deliver the...

on 25/6/19

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