Capital Change Announcement

MARKET RELEASE
7 September 2020
Issue of units in Vital Healthcare Property Trust for purposes of incentive fee
Further to the announcement on 28 August 2020, for the purposes of Listing Rule 3.13.1, NorthWest
Healthcare Properties Management Limited (the Manager) advises that the following new units In Vital
Healthcare Property Trust (Vital) have been issued to the Manager pursuant to the incentive fee
arrangements under Vital’s Trust Deed.
(a) Class of financial product Vital Healthcare Property Trust Ordinary Units
(b) ISIN: NZCHPE0001S4
(c) Number issued: 2,565,076
(d) Issue price: $2.5147 per unit
(e) Nature of the payment: In accordance with clauses 22.4 and 22.6(b)
of the Trust Deed
(f) Amount paid up: Fully paid
(g) Percentage of total class of financial products
issued:
0.56% of the total number of units on issue
immediately prior to the issue of the new units
(h) Reason for issue: The units were issued in consideration for
NorthWest Healthcare Properties Management
Limited’s incentive fee in accordance with
clauses 22.4 and 22.6(b) of the Trust Deed
(i) Specific authority for issue: Trust Deed
(j) Total number of financial products of the
class after the issue:
456,347,771
(k) Terms or details of the issue: The new units rank equally in all respects with
existing ordinary units in Vital Healthcare
Property Trust
(l) Date of issue 28 August 2020

– ENDS -

ENQUIRIES
Aaron Hockly
Fund Manager, Vital
Tel 09 973 7301, Email aaron.hockly@nwhreit.com
Michael Groth
Chief Financial Officer, NorthWest Healthcare Properties Management Limited
Tel +61 409 936 104, Email michael.groth@nwhreit.com

VITAL HEALTHCARE PROPERTY TRUST vitalhealthcareproperty.co.nz

About Vital (NZX code VHP):

Vital Healthcare Property Trust is an NZX-listed fund that invests in high-quality healthcare properties in
New Zealand and Australia including private hospitals (~82% of rent), Medical Office Buildings (~11%
of rent) and aged care (~7% of rent).

Vital is the only specialist listed landlord of healthcare property in Australasia and currently has a
portfolio valued at over $2 billion.

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