By Sheri Kasprzak
Atlanta, March 18 - Primary Health Properties plc said it has raised £2.9 million in a private placement of stock.
The company sold 1 million shares at £2.90 each to institutional investors.
Numis Securities Ltd. was the placement agent.
Based in London, Primary Health acquires, develops and operates health care facilities in the United Kingdom.
| Issuer: | Primary Health Properties plc
|
| Issue: | Stock
|
| Amount: | £2.9 million
|
| Shares: | 1 million
|
| Price: | £2.90
|
| Warrants: | No
|
| Placement agent: | Numis Securities Ltd.
|
| Announcement date: | March 18
|
| Stock price: | 312.5p at close March 17
|
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