PRIMARY HEALTH PROPERTIES PLC (PHP) — Interim results for the six months ended 30 June 2021

Investor webinar replay

Replay transcript excerpt

Good afternoon, ladies and gentlemen, and welcome to the PRIMARY HEALTH PROPERTIES PLC Investor Presentation for the Interim Results for the six months ended 06/30/2021. Throughout this presentation, investors will be in listen only mode and questions are encouraged and be submitted at any time via the Q and A tab situated on the right hand corner of your screen. Just click Q and A, type in your question and press send. The company may not be in a position to answer every question received during the meeting itself. However, the company review all questions submitted today and will publish responses where appropriate to do so. These will be available on your Investor Me Company dashboard and you'll be notified once they're ready for your review. I'd also like to remind you this presentation is being recorded. Before we begin, we'd like to submit the following poll. I'd now like to hand you over to Harry Haiman, CEO Richard Howe, CFO and Chris Santas, CIO of PRIMARY HEALTH PROPERTIES. Thank you. Good afternoon. Well, hello, everyone, and thank you very much for that introduction, Paul. This is our first time on Investor Meet company, so we're delighted to be meeting all of you virtually. We welcome the day when perhaps we can see some of you physically. And I thought just before moving into the detail of our presentation for the results, I would give a very brief overview of, the genesis of primary health properties and why I think it provides such a resilient source of income in the shape of its dividend. So more than twenty five years ago, I discovered that general practitioners in this country, The UK, have their rents reimbursed to them by the National Health Service. And although that alone, the GPs were the tenants of medical centers. In fact, the payer of the r...