Trade Primary Health Properties PLC - PHP CFD

About Primary Health Properties PLC

Primary Health Properties PLC is a United Kingdom-based real estate investment trust (REIT) and an investor in primary healthcare accommodation across the United Kingdom and Ireland. The Company invests in healthcare real estate let on long-term leases, backed by underlying covenants. The majority of its healthcare facilities are GP surgeries, with other properties let to NHS organizations, HSE in Ireland, pharmacies and dentists. Its property portfolio comprises approximately 513 primary healthcare facilities. The services offered by the Company includes acquisition and development, property management, landlord and tenant, asset management and finance. The Company's property portfolio includes St Andrew Medical Centre, Whetstone; Glynneath Medical Centre; West View Health Village, Fleetwoo; Langstone Way Surgery, Mil Hill; Hilltop Surgery, Leicester; Bermondsey Spa Medical Centre, Bermondsey; and Forest Road Medical Centre, Walthamstow, among others.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Primary Health Properties PLC revenues increased 5% to £145.6M. Net income increased 25% to £140.1M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net income benefited from Net Operating Income (NOI), Total increase of 4% to £136.7M, Revaluation gain on property portfolio increase from £51.3M to £110.2M (income).

Equity composition

03/2007, Rights Issue, 1 new share for every 13 shares held @ GBP 430 (Factor: 1.003147). 09/2009, Rights Issue, 1 new shares held @ GBp 230 (Factor:1.04218). 05/2013, Rights Issue, 1 new share for every 10 shares held @ GBp 315 (Factor: 1.002668). 11/2015, 4-For-1 Stock Split.