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PARAGON CARE LIMITED — Share Issue/Capital Change 2017
Aug 20, 2017
65551_rns_2017-08-20_20234ec5-8b0f-42b0-8ca8-6b840e98b688.pdf
Share Issue/Capital Change
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ASX ANNOUNCEMENT
paragoncare.com.au
21 August 2017
Australian Securities Exchange
Company Announcements Office
SHARE ISSUE CLEANSING NOTICE
Paragon Care Limited’s (“Paragon” or the “Company”) announced on 14 August 2017 the issue of 525,920 ordinary shares in the Company as part consideration for the acquisition of the Medtek business (55,432 new shares) and the earn-out consideration in lieu of cash to vendor of Western Biomedical business acquired in October 2015. (470,488 new shares).
As required by section 708A(6) of the Corporations Act 2001 (Cth) (“Corporations Act”), the Company advises:
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(a) the shares are issued without disclosure to investors under Part 6D.2 of the Corporations Act;
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(b) this notice is being given under section 708A(5)(e) of the Corporations Act;
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(c) as at the date of this notice, the Company has complied with the provisions of:
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(i) Chapter 2M of the Corporations Act as they apply to the Company; and
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(ii) section 674 of the Corporations Act; and
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(d) as at the date of this notice, there is no information that is ‘excluded information’ (within the meaning of sections 708A(7) and 708A(8) of the Corporations Act).
John Osborne
Company Secretary
For further information please contact:
Mark Simari Managing Director T: 1300 369 559
Stephen Munday Chief Financial Officer T: 1300 369 559
About Paragon Care Limited
Paragon Care is a Melbourne based, listed company with the ASX (PGC), which has progressively acquired businesses in the healthcare sector. It is a leading provider of medical equipment, devices and consumables for the Australian and New Zealand healthcare market. These are high growth markets driven by the ageing of the population, continuously rising consumer expectations and increasing government spending. By combining a series of strategic acquisitions of class leading companies, Paragon Care has positioned itself to provide end to end solutions including equipment and consumable solutions for acute, aged, primary, community and hospital care. Paragon Care Ltd’s head office is located at 11 Dalmore Drive Scoresby VIC 3179 Australia. For further information please contact Mark Simari, Managing Director (1300 369 559) or via email at [email protected].
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