July 30 (Reuters) - Primary Health Care Ltd PRY.AX :
* Primary sells vision eye institute shares
* Says sale will realise a pretax gain of approximately $14 million
* Sale will realise a pretax gain of approximately $14 million and the cash proceeds will be applied to pay down debt
* Says deal a total cash settlement of approximately $34 million
* Says entered into an agreement to sell approximately 36 million shares in vision eye institute limited
* Source text (http://bit.ly/1Mx5I5q)