{
 "as_of": "2026-11-06",
 "cmr": "uk-cm-kg/LSE/PHP",
 "fence": "The page is the record's research on the issuer — no analyst, no rating, no view.",
 "markdown": "The page is the record's research on the issuer — no analyst, no rating, no view.\n\n# PRIMARY HEALTH PROPERTIES PLC (LSE Main Market: PHP) — research page\n\nAs of 2026-11-06 · uk-cm-kg · record version 1\n\n## Identity and listing\n\nThe issuer is PRIMARY HEALTH PROPERTIES PLC, listed on the LSE Main Market under ticker PHP, ISIN GB00BYRJ5J14, LEI 213800Y5CJHXOATK7X11. Its security type is Corporate, segment STMM, sector Real Estate Investment Trusts [351020], jurisdiction England and Wales (Companies House jurisdiction field). Listing status is listed, not halted.\n\n## The disclosure read\n\nThe record holds 65 filings in the twelve months to 2026-11-06, across 37 filing days. The median gap between filing days is 8.0 days. The latest filing is dated 2026-10-30 and is of type director_dealing, 7 days before the record date. The LSE Main Market median cadence gap is 4 days across 892 issuers, with median latency of 3 days and median filings of 29.0. The sector median cadence gap is 4 days across 36 issuers, with median latency of 3 days and median filings of 27.0.\n\n## Auditor\n\nThe auditor of record is Deloitte LLP; its location is not on the record. Auditor changes are not on the record, as the market's record does not carry them.\n\n## Events and halts\n\nListing, delisting, name change, domicile change and segment move are not on the record, as no lifecycle type map exists yet for this register. The halt flag is listed, not halted.\n\n## Orderability\n\nFor elective professional client, the signal is ACM-200 and the outcome is determinable. For eligible counterparty, the signal is ACM-200 and the outcome is determinable. The rule version is acm-68000/uk/product-governance-fca-prod-sourcebook/r1, with chapter as of 2026-11-04.\n\n## Coverage\n\nThe issuer's investor-relations page names 12 research houses: Barclays, Berenberg, Deutsche Numis, Edison, Jefferies, JPMC, Kempen, Kepler Cheuvreux, Panmure Liberum, Peel Hunt, Shore Capital and Stifel.\n\n## Open research\n\nNo openly published research notes were found on the record.\n\n## Licensed\n\nLicensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.\n\n## As-of depth\n\nNo issuer years are sealed. The market's vintage is not sealed, and no earliest sealed date is recorded. The live record began on 2026-09-11. Years 2021 through 2026 are sealed in the store but not served as of a date; the as-of door answers not_sealed.\n\n## Sources\n\n11 source pages are named on this page; every value above carries its own source page and read date in the numbers.\n\n- https://www.londonstockexchange.com/live-markets/market-data-dashboard/price-explorer (identity.exchange)\n- https://api.londonstockexchange.com/api/gw/lse/instruments/alldata/PHP (identity.isin)\n- https://find-and-update.company-information.service.gov.uk/company/03033634 (identity.jurisdiction)\n- https://mapping.gleif.org/api/v2/isin-lei/latest/download (identity.lei)\n- https://www.londonstockexchange.com/stock/PHP/primary-health-properties-plc/company-page (identity.sector)\n- https://mcp.uk-cm-kg.ai/events/LSE/PHP (the disclosure lines)\n- https://marketsecurities.fca.org.uk/officiallist (the halt flag)\n- https://www.phpgroup.co.uk/media/4xin3uke/primary-health-properties-plc-annual-report-2025.pdf (the auditor)\n- https://mcp.uk-cm-kg.ai/book/aio.json (the orderability chapter)\n- https://www.phpgroup.co.uk/investors/analyst-consensus-and-research-notes (coverage)\n- https://mcp.uk-cm-kg.ai/record/LSE/PHP (the record)\n",
 "market": "UK",
 "node": "uk-cm-kg",
 "numbers": {
  "as_of_depth": {
   "issuer_years_sealed": [],
   "live_record_began": "2026-09-11",
   "node_history_from": null,
   "node_years_sealed": [],
   "note": "6 years are sealed in the UK store; their Replay split is not built, so the as-of door answers not_sealed and the record is the live record as of 2026-11-06",
   "record_version": 1,
   "sealed": false,
   "store_years_sealed_not_served": [
    "2021",
    "2022",
    "2023",
    "2024",
    "2025",
    "2026"
   ]
  },
  "auditor": {
   "auditor": {
    "read_by": "Tavily regex",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.phpgroup.co.uk/media/4xin3uke/primary-health-properties-plc-annual-report-2025.pdf",
    "state": "sourced",
    "value": "Deloitte LLP"
   },
   "auditor_firm_id": {
    "market": "UK",
    "state": "not_on_record"
   },
   "auditor_location": {
    "market": "UK",
    "state": "not_on_record"
   },
   "changes": {
    "market": "UK",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   }
  },
  "cmr": "uk-cm-kg/LSE/PHP",
  "coverage": {
   "count": 12,
   "houses": [
    {
     "house": "Barclays",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.phpgroup.co.uk/investors/analyst-consensus-and-research-notes",
     "state": "sourced"
    },
    {
     "house": "Berenberg",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.phpgroup.co.uk/investors/analyst-consensus-and-research-notes",
     "state": "sourced"
    },
    {
     "house": "Deutsche Numis",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.phpgroup.co.uk/investors/analyst-consensus-and-research-notes",
     "state": "sourced"
    },
    {
     "house": "Edison",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.phpgroup.co.uk/investors/analyst-consensus-and-research-notes",
     "state": "sourced"
    },
    {
     "house": "Jefferies",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.phpgroup.co.uk/investors/analyst-consensus-and-research-notes",
     "state": "sourced"
    },
    {
     "house": "JPMC",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.phpgroup.co.uk/investors/analyst-consensus-and-research-notes",
     "state": "sourced"
    },
    {
     "house": "Kempen",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.phpgroup.co.uk/investors/analyst-consensus-and-research-notes",
     "state": "sourced"
    },
    {
     "house": "Kepler Cheuvreux",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.phpgroup.co.uk/investors/analyst-consensus-and-research-notes",
     "state": "sourced"
    },
    {
     "house": "Panmure Liberum",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.phpgroup.co.uk/investors/analyst-consensus-and-research-notes",
     "state": "sourced"
    },
    {
     "house": "Peel Hunt",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.phpgroup.co.uk/investors/analyst-consensus-and-research-notes",
     "state": "sourced"
    },
    {
     "house": "Shore Capital",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.phpgroup.co.uk/investors/analyst-consensus-and-research-notes",
     "state": "sourced"
    },
    {
     "house": "Stifel",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.phpgroup.co.uk/investors/analyst-consensus-and-research-notes",
     "state": "sourced"
    }
   ],
   "pages_checked": [
    {
     "page": "https://www.phpgroup.co.uk/investors/analyst-consensus-and-research-notes",
     "result": "read: 12 of 24 named houses found on the page"
    },
    {
     "page": "https://www.phpgroup.co.uk/download_file/force/1001/244/",
     "result": "not readable by this rail (404)"
    },
    {
     "page": "https://www.phpgroup.co.uk/download_file/force/999/244/",
     "result": "not readable by this rail (404)"
    },
    {
     "page": "https://www.phpgroup.co.uk/download_file/force/957/244/",
     "result": "not readable by this rail (404)"
    }
   ],
   "read_by": "Perplexity sonar (search) · page read by this rail",
   "read_date": "2026-11-12",
   "since": "not stated on the page read",
   "state": "found"
  },
  "disclosure": {
   "against": {
    "exchange": {
     "issuers": 892,
     "median_cadence_gap_days": 4,
     "median_filings": 29,
     "median_latency_days": 3,
     "name": "LSE Main Market"
    },
    "sector": {
     "issuers": 36,
     "median_cadence_gap_days": 4,
     "median_filings": 27,
     "median_latency_days": 3,
     "name": "Real Estate Investment Trusts [351020]"
    }
   },
   "by_type": {
    "agm_record_date": 1,
    "ch_accounts_filed": 2,
    "ch_capital": 1,
    "ch_charge": 21,
    "ch_confirmation_statement": 1,
    "ch_officer_change": 5,
    "ch_resolution": 1,
    "corporate_action": 4,
    "director_dealing": 14,
    "early_warning": 1,
    "financial_statement": 8,
    "regulatory_announcement": 6
   },
   "cadence_median_gap_days": 8,
   "filing_days": 37,
   "filings": 65,
   "latency_days": 7,
   "latest": [
    {
     "category": null,
     "date": "2026-10-30",
     "source": "https://www.investegate.co.uk/announcement/rns/primary-health-properties--php/director-pdmr-shareholding/9849234",
     "title": "Director/PDMR Shareholding",
     "type": "director_dealing"
    },
    {
     "category": null,
     "date": "2026-10-28",
     "source": "https://www.investegate.co.uk/announcement/rns/primary-health-properties--php/director-pdmr-shareholding/9846524",
     "title": "Director/PDMR Shareholding",
     "type": "director_dealing"
    },
    {
     "category": null,
     "date": "2026-10-28",
     "source": "https://www.investegate.co.uk/announcement/rns/primary-health-properties--php/director-pdmr-shareholding/9846518",
     "title": "Director/PDMR Shareholding",
     "type": "director_dealing"
    },
    {
     "category": null,
     "date": "2026-10-28",
     "source": "https://www.investegate.co.uk/announcement/rns/primary-health-properties--php/director-pdmr-shareholding/9846022",
     "title": "Director/PDMR Shareholding",
     "type": "director_dealing"
    },
    {
     "category": null,
     "date": "2026-10-28",
     "source": "https://www.investegate.co.uk/announcement/rns/primary-health-properties--php/director-pdmr-shareholding/9846005",
     "title": "Director/PDMR Shareholding",
     "type": "director_dealing"
    }
   ],
   "latest_filing_date": "2026-10-30",
   "read": "the node's event lines (list_events_since), as get_filings serves them",
   "source": "https://mcp.uk-cm-kg.ai/events/LSE/PHP",
   "window": {
    "from": "2025-11-06",
    "to": "2026-11-06"
   }
  },
  "identity": {
   "exchange": {
    "read_by": "LSE price explorer (exchange list)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.londonstockexchange.com/live-markets/market-data-dashboard/price-explorer (price-explorer feed api.londonstockexchange.com/api/v1/components/refresh, markets=MAINMARKET, categories=EQUITY, showonlylse=true)",
    "state": "sourced",
    "value": "LSE Main Market"
   },
   "isin": {
    "read_by": "LSE instrument reference record (exchange site)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://api.londonstockexchange.com/api/gw/lse/instruments/alldata/PHP",
    "state": "confirmed",
    "value": "GB00BYRJ5J14"
   },
   "jurisdiction": {
    "read_by": "Companies House REST API (company profile) (jurisdiction field)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://find-and-update.company-information.service.gov.uk/company/03033634",
    "state": "confirmed",
    "value": "England and Wales (Companies House jurisdiction field)"
   },
   "lei": {
    "read_by": "GLEIF ISIN-to-LEI mapping file (daily), LEI by exact ISIN",
    "read_date": "2026-11-09",
    "read_date_basis": "the field",
    "source": "https://mapping.gleif.org/api/v2/isin-lei/latest/download (ISIN GB00BYRJ5J14)",
    "state": "sourced",
    "value": "213800Y5CJHXOATK7X11"
   },
   "name": {
    "read_by": "LSE price explorer (exchange list)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.londonstockexchange.com/live-markets/market-data-dashboard/price-explorer (price-explorer feed api.londonstockexchange.com/api/v1/components/refresh, markets=MAINMARKET, categories=EQUITY, showonlylse=true)",
    "state": "sourced",
    "value": "PRIMARY HEALTH PROPERTIES PLC"
   },
   "sector": {
    "read_by": "LSE issuer profile (exchange site)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.londonstockexchange.com/stock/PHP/primary-health-properties-plc/company-page",
    "state": "sourced",
    "value": "Real Estate Investment Trusts [351020]"
   },
   "security_type": {
    "read_by": "LSE price explorer (exchange list)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.londonstockexchange.com/live-markets/market-data-dashboard/price-explorer (price-explorer feed api.londonstockexchange.com/api/v1/components/refresh, markets=MAINMARKET, categories=EQUITY, showonlylse=true)",
    "state": "sourced",
    "value": "Corporate"
   },
   "segment": {
    "read_by": "LSE price explorer (exchange list)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.londonstockexchange.com/live-markets/market-data-dashboard/price-explorer (price-explorer feed api.londonstockexchange.com/api/v1/components/refresh, markets=MAINMARKET, categories=EQUITY, showonlylse=true)",
    "state": "sourced",
    "value": "STMM"
   },
   "ticker": {
    "read_by": "LSE price explorer (exchange list)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.londonstockexchange.com/live-markets/market-data-dashboard/price-explorer (price-explorer feed api.londonstockexchange.com/api/v1/components/refresh, markets=MAINMARKET, categories=EQUITY, showonlylse=true)",
    "state": "sourced",
    "value": "PHP"
   },
   "website": {
    "read_by": "LSE issuer profile (exchange site)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.londonstockexchange.com/stock/PHP/primary-health-properties-plc/company-page",
    "state": "sourced",
    "value": "www.phpgroup.co.uk"
   }
  },
  "licensed": {
   "columns": [
    "licensor",
    "entitlement",
    "title",
    "date",
    "source"
   ],
   "rows": [],
   "rule": "A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded."
  },
  "lifecycle": {
   "delisting": {
    "market": "UK",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "domicile_change": {
    "market": "UK",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "listing": {
    "market": "UK",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "name_change": {
    "market": "UK",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "segment_move": {
    "market": "UK",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   }
  },
  "market": "UK",
  "node": "uk-cm-kg",
  "numbers_hash": "sha256:892c8025e38a54f0c60edcdf345ff763a7c6c2ad35d85e904958f5c2454df52e",
  "open_research": {
   "read_date": "2026-11-12",
   "rows": [],
   "state": "none_found"
  },
  "orderability": {
   "chapter_as_of": "2026-11-04",
   "client_categories": [
    "elective professional client",
    "eligible counterparty"
   ],
   "outcomes": {
    "elective professional client": {
     "determinable": true,
     "signal": "ACM-200"
    },
    "eligible counterparty": {
     "determinable": true,
     "signal": "ACM-200"
    }
   },
   "read": {
    "basis": "one live read per instrument class, halt state and client category on this market; this issuer's group",
    "chapter": "https://mcp.uk-cm-kg.ai/book/aio.json",
    "door": "https://mcp.uk-cm-kg.ai/mcp",
    "tool": "get_orderability"
   },
   "rule_version": "acm-68000/uk/product-governance-fca-prod-sourcebook/r1",
   "section": "uk.aio.v16"
  },
  "record": {
   "as_of": "2026-11-06",
   "url": "https://mcp.uk-cm-kg.ai/record/LSE/PHP",
   "version": 1
  },
  "schema": "research-numbers v0.1 (USR-01, 2026-11-11)",
  "status": {
   "read_date": "2026-11-09",
   "source": "https://marketsecurities.fca.org.uk/officiallist",
   "value": "listed, not halted"
  }
 },
 "numbers_hash": "sha256:892c8025e38a54f0c60edcdf345ff763a7c6c2ad35d85e904958f5c2454df52e",
 "path": "/uk/LSE/PHP",
 "schema": "research-page v0.1 (USR-02, 2026-11-11)",
 "sections": [
  {
   "id": "identity",
   "text": "The issuer is PRIMARY HEALTH PROPERTIES PLC, listed on the LSE Main Market under ticker PHP, ISIN GB00BYRJ5J14, LEI 213800Y5CJHXOATK7X11. Its security type is Corporate, segment STMM, sector Real Estate Investment Trusts [351020], jurisdiction England and Wales (Companies House jurisdiction field). Listing status is listed, not halted.",
   "title": "Identity and listing"
  },
  {
   "id": "disclosure",
   "text": "The record holds 65 filings in the twelve months to 2026-11-06, across 37 filing days. The median gap between filing days is 8.0 days. The latest filing is dated 2026-10-30 and is of type director_dealing, 7 days before the record date. The LSE Main Market median cadence gap is 4 days across 892 issuers, with median latency of 3 days and median filings of 29.0. The sector median cadence gap is 4 days across 36 issuers, with median latency of 3 days and median filings of 27.0.",
   "title": "The disclosure read"
  },
  {
   "id": "auditor",
   "text": "The auditor of record is Deloitte LLP; its location is not on the record. Auditor changes are not on the record, as the market's record does not carry them.",
   "title": "Auditor"
  },
  {
   "id": "events",
   "text": "Listing, delisting, name change, domicile change and segment move are not on the record, as no lifecycle type map exists yet for this register. The halt flag is listed, not halted.",
   "title": "Events and halts"
  },
  {
   "id": "orderability",
   "text": "For elective professional client, the signal is ACM-200 and the outcome is determinable. For eligible counterparty, the signal is ACM-200 and the outcome is determinable. The rule version is acm-68000/uk/product-governance-fca-prod-sourcebook/r1, with chapter as of 2026-11-04.",
   "title": "Orderability"
  },
  {
   "id": "coverage",
   "text": "The issuer's investor-relations page names 12 research houses: Barclays, Berenberg, Deutsche Numis, Edison, Jefferies, JPMC, Kempen, Kepler Cheuvreux, Panmure Liberum, Peel Hunt, Shore Capital and Stifel.",
   "title": "Coverage"
  },
  {
   "id": "open_research",
   "text": "No openly published research notes were found on the record.",
   "title": "Open research"
  },
  {
   "id": "licensed",
   "text": "Licensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.",
   "title": "Licensed"
  },
  {
   "id": "depth",
   "text": "No issuer years are sealed. The market's vintage is not sealed, and no earliest sealed date is recorded. The live record began on 2026-09-11. Years 2021 through 2026 are sealed in the store but not served as of a date; the as-of door answers not_sealed.",
   "title": "As-of depth"
  },
  {
   "id": "sources",
   "text": "11 source pages are named on this page; every value above carries its own source page and read date in the numbers.",
   "title": "Sources"
  }
 ],
 "sources": [
  {
   "for": "identity.exchange",
   "source": "https://www.londonstockexchange.com/live-markets/market-data-dashboard/price-explorer"
  },
  {
   "for": "identity.isin",
   "source": "https://api.londonstockexchange.com/api/gw/lse/instruments/alldata/PHP"
  },
  {
   "for": "identity.jurisdiction",
   "source": "https://find-and-update.company-information.service.gov.uk/company/03033634"
  },
  {
   "for": "identity.lei",
   "source": "https://mapping.gleif.org/api/v2/isin-lei/latest/download"
  },
  {
   "for": "identity.sector",
   "source": "https://www.londonstockexchange.com/stock/PHP/primary-health-properties-plc/company-page"
  },
  {
   "for": "the disclosure lines",
   "source": "https://mcp.uk-cm-kg.ai/events/LSE/PHP"
  },
  {
   "for": "the halt flag",
   "source": "https://marketsecurities.fca.org.uk/officiallist"
  },
  {
   "for": "the auditor",
   "source": "https://www.phpgroup.co.uk/media/4xin3uke/primary-health-properties-plc-annual-report-2025.pdf"
  },
  {
   "for": "the orderability chapter",
   "source": "https://mcp.uk-cm-kg.ai/book/aio.json"
  },
  {
   "for": "coverage",
   "source": "https://www.phpgroup.co.uk/investors/analyst-consensus-and-research-notes"
  },
  {
   "for": "the record",
   "source": "https://mcp.uk-cm-kg.ai/record/LSE/PHP"
  }
 ],
 "title": "PRIMARY HEALTH PROPERTIES PLC (PHP) — research page",
 "writer": {
  "by": "Claude through the platform account, Haiku class; one pass; checked against the numbers",
  "engine": "claude-haiku-5-5"
 }
}