Settlement of Ohaupo acquisition

NZX RELEASE 5 August 2021 Radius Care announces settlement of Ohaupo acquisition Further to the announcement made on 8 July 2021, Radius Residential Care Limited (NZX: RAD) (Radius Care) confirms that the acquisition of the land and buildings at four strategically important leased sites in Auckland, Waikato, Taranaki and Canterbury from Ohaupo Holdings Limited has now settled, including the issue of the share component of the consideration. Radius Care's Executive Chairman, Brien Cree, says: "The acquisition of these strategically important facilities demonstrate strong progress on our Listing Profile strategy, which we communicated to the market last December. We will continue to focus on pursuing value-enhancing growth opportunities". -ends- CONTACT DETAILS For further information, please contact: Stuart Bilbrough Chief Executive Officer Phone: +64 21 252 5778 Email: Stuart.Bilbrough@radiuscare.co.nz End CA:00376780 For:RAD Type:GENERAL Time:2021-08-05 10:32:59