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Settlement of Ohaupo acquisition

M&A4 August 2021RADHealthcare

NZX RELEASE
5 August 2021

Radius Care announces settlement of Ohaupo acquisition


Further to the announcement made on 8 July 2021, Radius Residential Care Limited (NZX:

RAD) (Radius Care) confirms that the acquisition of the land and buildings at four strategically

important leased sites in Auckland, Waikato, Taranaki and Canterbury from Ohaupo Holdings

Limited has now settled, including the issue of the share component of the consideration.


Radius Care’s Executive Chairman, Brien Cree, says: “The acquisition of these strategically

important facilities demonstrate strong progress on our Listing Profile strategy, which we

communicated to the market last December. We will continue to focus on pursuing value-

enhancing growth opportunities”.



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CONTACT DETAILS

For further information, please contact:


Stuart Bilbrough

Chief Executive Officer

Phone: +64 21 252 5778

Email: Stuart.Bilbrough@radiuscare.co.nz

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