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Third Age Health Services Limited M&A Activity 2021

Oct 12, 2021

66279_rns_2021-10-12_5e340020-409a-4ee0-84f7-61542c00169f.pdf

M&A Activity

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12 October 2021

Third Age Health settles acquisition of Belmont Medical Centre

Third Age Health Services Limited (NZX: TAH) advises that it has, effective 11 October 2021 completed the acquisition of 100% of the shares in Belmont Medical Centre Limited. The final cash purchase price was $0.17m.

CEO, Tony Wai says “We are delighted to welcome the team at Belmont Medical Centre into the Third Age Health group, their high quality patient care, skills and resources will complement our core services and provide us with a stronger footprint on Auckland’s North Shore. Acquiring medical centres around New Zealand that support our core business is part of our growth strategy and we will continue to look for more opportunities in this space”

Bevan Walsh Chairperson