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PHP Primary Health Properties Plc

94.45
1.10 (1.18%)
03 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Primary Health Properties Plc LSE:PHP London Ordinary Share GB00BYRJ5J14 ORD 12.5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  1.10 1.18% 94.45 94.05 94.20 95.65 93.40 93.40 2,212,520 16:35:15
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Real Estate Agents & Mgrs 169.8M 27.3M - N/A 0

Primary Health Properties PLC Launch of Community Impact Fund

17/09/2021 7:00am

RNS Non-Regulatory


TIDMPHP

Primary Health Properties PLC

17 September 2021

17 September 2021

Primary Health Properties PLC

("PHP" or the "Group")

Launch of Community Impact Fund

Primary Health Properties, one of the UK's leading investors in modern primary healthcare facilities, is delighted to announce the launch of its Community Impact Fund as part of PHP's wider ESG initiatives. The fund is designed to support health and well-being initiatives in the communities served by its medical centres. This is the latest initiative led by the Group's newly formed Environmental, Social and Governance Committee.

PHP has partnered with UK Community Foundations to offer grants to charities and community groups that are focused on social prescribing and community wellbeing projects in two pilot regions in Scotland and Lincolnshire. PHP will be working with its GP practices and their social prescribing coordinators to promote the fund to organisations delivering social prescribing services to their patient lists and local communities. The fund forms part of the Group's 'Premises, Health and People' strategy which has formalised its dedication to responsible business.

Social prescribing enables a holistic approach to people's health and wellbeing and PHP has created its Community Impact Fund to support GP practices and their communities with this model of care. Social prescribing has a vital role to play in helping communities recover and rebuild after the coronavirus pandemic, particularly given increased demand for services to support mental health and combat loneliness.

Harry Hyman, CEO of Primary Health Properties, commented:

"We are delighted to be working with UK Community Foundations, to ensure that our Community Impact Fund can be distributed to those services supporting the primary care and social prescribing provision within those targeted communities. The UKCF's national coverage, their established community relationships and presence in the regions our portfolio covers will ensure that our fund is successfully promoted and delivered to those most in need.

"I'm very pleased with the work successfully carried out by our ESG committee so far, and this is another important initiative which will benefit all of our stakeholders."

Rosemary Macdonald, CEO of UK Community Foundations, commented:

"We are pleased that PHP has chosen to work with community foundations to distribute its new Community Impact Fund. Our members have a deep understanding of the needs of their local communities and our colleagues in Scotland and Lincolnshire will be able to identify organisations that will put this important new fund to excellent use, improving wellbeing across their communities."

More information on Primary Health Properties PLC can be found on www.phpgroup.co.uk

Further details:

 
 Harry Hyman                           Richard Howell 
  Chief Executive Officer               Chief Financial Officer 
  Tel: +44 (0) 20 7451 7050             Tel: +44 (0) 20 7104 
                                        5599 
 
 
   David Rydell / Steph Whitmore / 
   Tilly Abraham 
   (Buchanan Communications) 
   Tel: +44 (0) 20 7466 5066 
 
 

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END

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(END) Dow Jones Newswires

September 17, 2021 02:00 ET (06:00 GMT)

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