Results of Special Meeting and Cromwell Conditions update

RESULTS OF SPECIAL MEETING OF SHAREHOLDERS AND CROMWELL ACQUISITIONS CONDITIONS UPDATE

Promisia Healthcare Limited (NZX:PHL) advises that at its Special Shareholder Meeting held today at 12pm, shareholders were asked to vote on three resolutions.

As required by NZX Listing Rule 6.1, all voting was conducted by a poll.

All resolutions were passed by shareholders. The results are as shown in the announcement attached.

Cromwell acquisitions conditions

Following the Special Shareholder Meeting, we are pleased to announce the shareholder approval conditions for the Cromwell acquisitions are now satisfied.

In addition, the finance conditions for the Cromwell acquisitions are now satisfied.

The acquisitions remain subject to statutory supervisor approval and no material adverse change occurring in respect of the assets being acquired. We expect these conditions to be satisfied and completion to occur in August 2024.


ENDS

Authority for this announcement:

Rhonda Sherriff, Chair, Promisia Healthcare Limited

For more information, please contact:

Francisco Rodriguez Ferrere, General Manager – Finance, Promisia Healthcare Limited

Phone: +64 21 245 1801 or email: [email protected]

About Promisia Healthcare

Promisia is a New Zealand based aged care and retirement living provider, with a focus on delivering quality personalised care. Our aim is to be the aged care provider of choice in our communities. Our facilities are located in well-established and well serviced towns and metropolitan areas. Our goal is to profitably grow our business in a sustainable manner, delivering quality care to our residents, peace of mind to their families and whanau, and excellent value to our villages, community and shareholders. Promisia is listed on the NZX (NZX: PHL). http://www.promisia.co.nz.

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Announcement PDF