Radius Care $5 million Retail Offer Oversubscribed

NZX RELEASE
NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES
12 August 2021
Radius Care $5 million Retail Offer Oversubscribed
Radius Residential Care Limited (NZX: RAD) (Radius Care) is pleased to announce that its non-
underwritten $5 million retail offer (Retail Offer) has closed oversubscribed. The Retail Offer was
well supported by shareholders, with Radius Care receiving applications totalling approximately
$8.2 million, being 64.58% above the Retail Offer amount. Radius Care will accept all
oversubscriptions, being approximately $3.2 million.

The Retail Offer was part of Radius Care’s equity raising announced on 8 July 2021 under which
Radius Care also undertook a $30 million placement of new ordinary shares in Radius Care
(Shares) to institutional shareholders, high net worth investors and retail investors (Placement)
and issued $10 million of new Shares to nominees of Ohaupo Holdings Limited, being the vendor
of the land and buildings at four strategically important aged care facilities as part consideration
for the purchase price for such land and buildings. The acceptance of the oversubscriptions in
the Retail Offer brings the total amount of new equity raised by Radius Care across all
components of the equity raising to approximately $48.2 million.

The new Shares under the Retail Offer will be issued at a price of $0.52, being the same price
for each component of the equity raise as determined by the Placement price.

Settlement of the Retail Offer is expected to occur tomorrow, 13 August 2021. Trading of new
Shares issued under the Retail Offer is also expected to commence on NZX tomorrow, 13 August
2021. New Shares issued under the Retail Offer will rank on issue equally in all respects with
existing Shares.
-ends-
CONTACT DETAILS
For further information, please contact:
Stuart Bilbrough
Chief Executive Officer
Phone: +64 21 252 5778
Email: Stuart.Bilbrough@radiuscare.co.nz

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.