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Primary Health Properties PLC Announces Update to Notice of Interim Dividend for Shareholders on South African Register

Strategic Insights

— 1 min read

The Johannesburg Stock Exchange announced that Primary Health Properties PLC has provided an update to the notice of interim dividend for shareholders on the South African register. The company will pay a third quarterly interim dividend of 1.775 pence per ordinary share, which will be paid as 1.375 pence by way of a Property Income Distribution (PID) and the remainder as an ordinary dividend of 0.400 pence. This announcement affects shareholders on the South African share register, who will receive the dividend in South African Rand (ZAR), while UK shareholders will receive it in British pound sterling (GBP).

Key Takeaways:

  • The company will pay a third quarterly interim dividend of 1.775 pence per ordinary share.
  • The dividend will be paid as 1.375 pence by way of a Property Income Distribution (PID) and 0.400 pence as an ordinary dividend.
  • The dividend will be paid to shareholders on the South African register in South African Rand (ZAR) and to UK shareholders in British pound sterling (GBP).
  • The Exchange Rate for the Dividend payable in ZAR will be 24.1339 ZAR to 1.00 GBP.
  • UK Shareholders who wish to participate in the Dividend Reinvestment Plan (DRIP) must submit an election by 5:00pm UK time on Friday, 25 July 2025.
  • Shareholders who hold their ordinary shares in CREST must do so by submitting an election by CREST input message by the Election Date.
  • The company has a primary listing on the London Stock Exchange and a secondary listing on the JSE Limited.
  • The issued share capital of PHP is 1 336 493 786 ordinary shares of 12.5 pence.
  • UK Shareholders may apply for redemption of UK withholding tax.

Statistics:

  • Dividend: 1.775 pence per ordinary share.
  • PID dividend: 1.375 pence per ordinary share.
  • Ordinary dividend: 0.400 pence per ordinary share.
  • Gross local dividend amount for SA shareholders: 42.83767 ZAR cents per share.
  • Exchange Rate: 24.1339 ZAR to 1.00 GBP.
  • Date of exchange: 8 July 2025.
  • Primary listing: London Stock Exchange.
  • Secondary listing: JSE Limited.
  • Issued share capital: 1 336 493 786 ordinary shares of 12.5 pence.

Sources:

  • Primary Health Properties PLC announcement on 17 June 2025.
  • Johannesburg Stock Exchange announcement.
  • PSG Capital as Sponsor.

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