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Matamata Country Lodge Transaction Unconditional

M&A27 September 2022RADHealthcare

RADIUS RESIDENTIAL CARE LIMITED
Level 4, 56 Parnell Road, Parnell, Auckland, New Zealand

Phone 09 304 1670 www.radiuscare.co.nz

Caring is our calling

NZX RELEASE

28 September 2022

Matamata Country Lodge Transaction Unconditional

Further to its announcement made on 31 August 2022, Radius Care (NZX: RAD)

confirms that its acquisition of the business and assets of Matamata Country

Lodge is now unconditional.

Radius Care’s Executive Chair Brien Cree and CEO, Andrew Peskett, say: “The

acquisition of the delightful Matamata Country Lodge as our 24

th

care home and

fourth retirement village demonstrates our continued focus on pursuing value-

enhancing growth opportunities in line with our strategy. This is particularly the

case given the significant development potential and retirement village units,

together with the committed and well-led staff, at the Matamata Country Lodge.

The team at Radius Care are excited to welcome Matamata Country Lodge

residents and staff into the Radius family.”

Settlement is anticipated to take place on 28 September 2022.

ENDS

CONTACT DETAILS

For further information, please contact:

Anna Ellis

Company Secretary

Phone: +64 204 020 3980

Email: Anna.Ellis@radiuscare.co.nz


About Radius Care

Radius Residential Care Ltd was founded in 2003 and operates in the New Zealand

aged care and retirement village sectors. It is a nationwide provider offering the

full range of accommodation and care options giving residents the ability to "age

in place". Today, Radius Care operates 23 aged care facilities, of which it owns 12

and leases 11. Three owned facilities also include retirement villages and Radius

Care’s online shop sells specialist assisted-living products. The company employs

over 1,600 people, including highly qualified healthcare staff who are committed

to providing the very best in nursing care. Radius Care listed on NZX in December

2020. For more information visit radiuscare.co.nz or check out our Facebook page

@RadiusCareNZ.

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