Unit Purchase Plan closes oversubscribed

04/12/2025 08:30 NZDT, OFFERP

Northwest Healthcare Properties Management Limited (the Manager), as manager of Vital Healthcare Property Trust (Vital), is pleased to announce that its $30m unit purchase plan (UPP) has closed oversubscribed.

The UPP received strong Unit Holder support, with the Manager receiving applications totalling approximately $46.8m. The Manager elected to accept additional applications of $15m, bringing the total amount accepted under the UPP to $45m. This has resulted in all applicants receiving either their full application or an allocation meaning they at least maintain their relative unit holding.

Applications were scaled having regard to the holdings of existing units at 5.00pm NZ time on 7 November 2025 (being the Record Date for the UPP). Surplus application amounts will be refunded in accordance with the terms of the UPP offer document dated 14 November 2025.

Together with the $190m placement of new units undertaken on 10 November 2025, Vital has raised $235m in new equity.

Settlement and allotment of the new units issued under the UPP is expected to occur tomorrow, 5 December 2025.

– ENDS –

ENQUIRIES

Chris Adams

Fund Manager, Northwest Healthcare Properties Management Limited

Tel +61 408 665 332, Email chris.adams@nwhreit.com

Michael Groth

Chief Financial Officer, Northwest Healthcare Properties Management Limited

Tel +61 409 936 104, Email michael.groth@nwhreit.com

MEDIA ENQUIRIES

Geoff Senescall

Tel +64 21 481 234, Email senescall@senescallakers.co.nz