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Chatswood acquisition unconditional

M&A31 August 2026PHLHealthcare

Market Announcement
31 August 2026

CHATSWOOD ACQUISITION UNCONDITIONAL

Promisia Healthcare Limited (Promisia) (NZX: PHL) is pleased to confirm that all material conditions

relating to its acquisition of Chatswood Retirement Village in Opawa, Christchurch have now been

satisfied. As noted in our recent notice of meeting, the acquisition remains conditional on no

material adverse change occurring with respect to Chatswood prior to completion but the

acquisition is now otherwise unconditional.

As previously announced, completion is scheduled for 1 October 2026.

Promisia looks forward to welcoming Chatswood into the Group and working with the Chatswood

team as we bring the businesses together.


ENDS


Authority for this announcement:

Francisco Rodriguez Ferrere – Chief Financial Officer, Promisia Healthcare Limited


For more information, please contact: Francisco Rodriguez Ferrere

Phone: +64 21 245 1801 or email: Francisco.rf@promisia.co.nz


About Promisia Healthcare

Promisia is a New Zealand aged care and retirement living provider, creating places where people

feel safe, known and truly at home. We are large enough to invest, improve and deliver reliably—yet

small enough to stay personal, local and deeply connected to the communities we serve. Our

purpose is simple: to build connected communities where people feel cared for, included and

valued. We aim to be the provider of choice in each community we operate in, with care homes and

retirement villages in well-established, well-serviced towns and metropolitan areas. We are

committed to growing sustainably and profitably by doing the basics exceptionally well: delivering

quality care to residents, peace of mind to families and whānau, and long-term value for our care

homes, villages, communities and shareholders. Promisia is listed on the NZX (NZX: PHL).

http://www.promisia.co.nz.

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