Peel Hunt are acting as Joint book runner and joint Corporate broker to Primary Health Properties PLC on its proposed share issue to raise gross proceeds of up to £120m through the issue of up to 120,000,000 new ordinary shares by way of a Firm Placing and Placing, Open Offer and Offer for Subscription at a price of 100p per New Share (with ability to upsize the issue by up to 25 per cent.), as announced on 22 March, 2016.