Oceania $20 million Retail Offer oversubscribed

oceaniahealthcare.co.nz
NZX RELEASE
NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES
15 April 2021
Oceania $20 million Retail Offer oversubscribed

Oceania Healthcare Limited (NZX/ASX: OCA) (Oceania) is pleased to announce that its
non-underwritten NZ$20 million retail offer (Retail Offer) has closed oversubscribed. The
Retail Offer was well supported by shareholders, with Oceania receiving applications
totalling approximately NZ$50 million. Scaling and the return of any surplus application
amounts will be carried out in accordance with the terms of the Retail Offer contained in the
Retail Offer booklet dated 25 March 2021.

Under the Retail Offer, eligible existing shareholders whose address was recorded in
Oceania’s share register as being in New Zealand as at 22 March 2021 could each
subscribe for up to NZ$50,000 worth of new Oceania shares. Over 5,000 Oceania
shareholders applied under the Retail Offer, with an average application size of
approximately NZ$9,600.

The Retail Offer was part of Oceania’s equity raising announced on 23 March 2021, under
which Oceania also undertook a fully underwritten NZ$80 million placement of new shares to
institutional shareholders in New Zealand, Australia and certain other jurisdictions.

The new shares under the Retail Offer will be issued at a price of NZ$1.2796, being a 2.5%
discount to the five-day volume weighted average market price of Oceania shares traded on
the NZX Main Board over the five business day period prior to, and including, the closing date
of the Retail Offer.

Settlement of the Retail Offer is expected to occur tomorrow, 16 April 2021. Trading of new
shares issued under the Retail Offer is also expected to commence on NZX tomorrow, 16
April 2021. New shares issued under the Retail Offer will rank equally in all respects with
Oceania’s existing ordinary shares.


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CONTACT DETAILS
Investor enquiries: please email: investor@oceaniahealthcare.co.nz
Media enquiries: Kelly Bennett, kelly.bennett@oneplusonegroup.co.nz, Ph +64 21 380 035
NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES
This announcement does not constitute an offer of securities in any place outside New Zealand. In particular,
this announcement does not constitute an offer to sell, or a solicitation of an offer to buy, any shares in the United
States or in any jurisdiction in which such an offer would be illegal. The offer and sale of the shares referred to in
this announcement have not been, and will not be, registered under the U.S. Securities Act of 1933 or the
securities laws of any state or other jurisdiction of the United States and accordingly, such shares may not be
offered, sold or otherwise transferred, directly or indirectly, in the United States or to any person acting for the
account or benefit of a person in the United States (to the extent such person is acting for the account or benefit
of a person in the United States).

You must not send copies of this announcement or any other material relating to the Retail Offer to any person in
the United States or elsewhere outside New Zealand.