Promisia Healthcare Limited logo

Settlement with Ministry of Health

Legal16 September 2020PHLHealthcare

Promisia Limited
Level 5, 22 Panama Street,

PO Box 25396 Wellington,

New Zealand 6146


T +64 4 499 5563


PROMISIA.COM


17 September 2020


Settlement with Ministry of Health

The Directors of Promisia Integrative Ltd (NZX:PIL) wish to advise that the company has reached a

settlement with Medsafe, a division of the Ministry of Health, concerning the prosecution of the

company for breaches of the Medicines Act 1981. Under this settlement the nine charges have been

withdrawn and the company is unable to make any further comment on this matter.

This settlement will enable the company to move ahead with the acquisition of the aged care

facilities without this matter being a complicating factor.

Stephen Underwood

Chairman

027 499 3387

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