PHL – Share Purchase Plan, Placement and Warrant Issuance

Memorandum

To: Market Participants
From: NZX Product Operations
Date: 26 July 2024
Subject: Promisia Healthcare Limited (“PHL”) – Share Purchase Plan, Placement and Warrant Issuance

Message:

As per its announcement of 2 July 2024, Promisia Healthcare Limited (“PHL”) is undertaking a capital raise by way of a combination of placements and a share purchase plan. In addition, PHL will issue one warrant for every share issued under the Offer for no additional consideration. The capital raise is subject to shareholder approval at the Special Shareholders Meeting to be held at 12:00pm, Wednesday 31 July. Capitalised terms in this memorandum are defined in PHL’s offer documentation.

Under the Offer, eligible shareholders are being invited to subscribe for new shares, at an Offer Price of $0.001 per share. Shareholders who subscribe for new shares under the Offer, will then be allocated 1 Warrant (“PHLWA”) per new share subscribed.

An NZX Quotation Notice for the PHLWA warrants will be released to market in due course.

A timetable of retail events is attached.

Please contact NZX Product Operations on +64 4 496 2853 or [email protected] with any queries.

ENDS

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Announcement PDF