Acquisition of Minimum Holdings

Market Announcement
26 July 2021

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ACQUISITION OF MINIMUM HOLDINGS

Promisia Healthcare Limited (NZX:PHL) (Promisia) wishes to advise the market that the Board has
resolved to acquire the shares held by persons with less than a minimum holding on Friday, 30 July
2021.
On 16 February 2021, Promisia gave notice to shareholders that at the expiration of three months,
being 16 May 2021, the Board would hold a power of sale over holdings of less than $1,000 of
Promisia shares (calculated at a price per share of $0.002) (Minimum Holdings).
On Friday, 30 July 2021, Promisia will acquire back all the shares comprising Minimum Holdings and
cancel them. The price payable per share by Promisia will be the volume weighted average price of a
Promisia share on the NZX Market over the 20 business days preceding Friday, 30 July 2021.
In accordance with Promisia’s constitution, shareholders whose proceeds are $20.00 or less will not
receive payment for their shares. Those aggregate proceeds will be donated to KidsCan by Promisia.
To facilitate the orderly acquisition of these shares, shareholders who hold less than a Minimum
Holdings will have trading in their shares locked with effect from market close on Tuesday, 27 July
2021.
For enquires please contact:
Mr Stephen Underwood
Chairman
Ph 027 499 3387

ENDS