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Allotment of Incentive Fee units

Capital Change22 August 2019VHPReal Estate

About Vital Healthcare Property:

Vital Healthcare Property Trust is an NZX-listed fund that invests in high-quality health and medical-related

properties in New Zealand and Australia. Our tenants are hospital and healthcare operators who provide a wide

range of medical and health services.


With a core focus on healthcare real estate, we understand and accommodate the needs of our healthcare

tenants. We operate in a niche segment of the property market, characterised by long weighted average lease

terms and high occupancy rates and with an ageing population across both countries, it’s also one that’s growing.


For more information, visit our website: www.vitalhealthcareproperty.co.nz


22 August 2019


Allotment of Incentive Fee units of Vital Healthcare

Property Trust

For the purposes of Listing Rule 7.12.1, the Manager of Vital Healthcare Property Trust, NorthWest Healthcare

Properties Management Limited, hereby advises the following new units have been issued:

(a) Class of Security: Vital Healthcare Property Trust ordinary units

ISIN: NZCHPE0001S4

(b) Number issued: 4,919,883

(c) Issue price: $2.4548 per unit

(d) Payment terms: In accordance with clause 22.2(b) and 22.3(b) of the Trust

Deed

(e) Amount paid up: Fully paid

(f) Percentage of Class of 1.10% of the total number of units on issue

Securities issued: immediately prior to the issue of the new units

(g) Reason for issue: Consideration for the Manager’s incentive fee in accordance

with clause 22.2(b) and 22.3(b) of the Trust Deed

(h) Specific authority for issue: Trust Deed

(i) Terms of issue: The units will rank equally in all respects with existing ordinary

units in the Trust

(j) Total number of Securities of

Class in existence after issue: 451,265,970

(k) Treasury Stock: Not applicable

(l) Date of issue: 22 August 2019



– ENDS -



ENQUIRIES

Stuart Harrison, Chief Financial Officer

NorthWest Healthcare Properties Management Ltd, Telephone 09 973 7302, Email sharrison@nwhpm.com.au

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