Business
Day 55 Update on Acceptance Levels
Day 55 Update on Acceptance Levels.
About this update from Primary Health Properties Plc
[{"type":"text","content":"\n\nTHIS ANNOUNCEMENT AND THE INFORMATION HEREIN IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, NEW ZEALAND OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF THAT JURISDICTION.\nTHIS ANNOUNCEMENT IS AN ADVERTISEMENT AND NOT A PROSPECTUS OR PROSPECTUS EQUIVALENT DOCUMENT AND NO INVESTMENT DECISION IN RELATION TO THE OFFER OR THE NEW PHP SHARES SHOULD BE MADE EXCEPT ON THE BASIS OF INFORMATION IN THE OFFER DOCUMENT, THE REVISED OFFER DOCUMENT, THE COMBINED CIRCULAR AND PROSPECTUS AND THE SUPPLEMENTARY PROSPECTUS.\nFOR IMMEDIATE RELEASE\n8 August 2025\nRecommended Combination of\nAssura Plc (\"Assura\")\nand\nPrimary Health Properties PLC (\"PHP\")\nto be implemented by means of a takeover offer\nunder Part 28 of the Companies Act 2006\n \nDay 55 Update on Acceptance Levels\n \nAssura Shareholders who have not yet accepted the Revised Offer are urged to do so as soon as possible and, in any event, no later than 1.00 p.m. (London time) on 12 August 2025\n \nDay 55 Update on Acceptance Levels\nOn 23 June 2025, the Boards of PHP and Assura were pleased to jointly announce the terms of an increased and recommended shares and cash offer pursuant to which PHP will acquire the entire issued, and to be issued, ordinary share capital of Assura (the \"Revised Offer\"). \nOn 27 June 2025, PHP and Assura jointly published a revised offer document in respect of the Revised Offer (the \"Revised Offer Document\"), which supplemented and updated the original offer document published by PHP on 13 June 2025 (the \"Original Offer Document\").\nCapitalised terms used in this announcement (the \"Announcement\"), unless otherwise defined, have the same meanings as set out in the Original Offer Document (as amended by the Revised Offer Document).\nIn accordance with Rule 17 of the Takeover Code, PHP is today providing an update on the level of acceptances received under the Revised Offer.\nAs at 3.00 p.m. (London time) on 7 August 2025, PHP had received valid acceptances of the Revised Offer in respect of 120,130,372 Assura Shares, representing approximately 3.68 per cent. of the issued ordinary share capital of Assura.\nSo far as PHP is aware, none of these acceptances have ...