Infratil – Qscan Radiology Clinics

Infratil Limited 5 Market Lane, PO Box 320, Wellington, New Zealand Tel +64-4-473 3663 www.infratil.com




23 October 2020



Infratil – Qscan Radiology Clinics

Following recent media speculation, Infratil confirms that it is a member of a consortium which is in
discussions with Quadrant Private Equity regarding a potential transaction involving an acquisition
of a majority interest in Qscan Radiology Clinics, which is a comprehensive diagnostic medical
imaging practice throughout Australia. The discussions are ongoing and incomplete and may not
result in a transaction occurring.

Infratil notes that it raised additional equity of NZ$300 million in June 2020 to position itself to pursue
its growth agenda and take advantage of any other investment opportunities that may arise. The
proceeds of the equity raise were initially applied to reduce drawn bank facilities. Those existing bank
facilities could now be applied to fund the Qscan acquisition if it occurs, so no additional funding
would be required.

We will continue to update the market as material developments unfold.


Any enquiries should be directed to:

Mark Flesher, Investor Relations, Infratil Limited
mark.flesher@infratil.com