Pacific Equity Partners made an offer to acquire Healthia Limited from MA Financial Group Limited (ASX:MAF), Wilson Asset Management (International) Pty Ltd. and Regal Partners Limited (ASX:RPL) for an offer per share of AUD 1.8 on August 31, 2023. Under the terms of the Scheme, Healthia shareholders will have the option to receive either AUD 1.80 cash per Healthia share. Under the Scrip Consideration Options, Healthia shareholders can elect to receive one of the following: All Scrip Consideration: 1 Class B share in Harold Topco Limited ACN 670 591 303, an unlisted newly incorporated Australian entity, for each Healthia share held, subject to any scale back to ensure that the total number of Class B shares do not exceed 30% of the total shares on issue in TopCo; or?

Mix-and-Match: Healthia shareholders can elect to receive Class B shares in TopCo in exchange for between 30% and 100% of their Healthia shares(subject to the Scrip Scale Back) and AUD 1.80 in cash for each remaining Healthia share. Healthia?s Board unanimously recommends the Scheme, subject to no Superior Proposal emerging. As of October 25, 2023 Foreign Investment Review Board approved the deal.

Link Market Services Limited acted as registrar, Clayton Utz acted legal advisor and Monash Advisory Group acted financial advisor for Healthia Limited. Moelis Australia Securities Pty Ltd. acted as financial advisor to Pacific Equity Partners. Michael Parshall and Javed Ali of Allen & Overy Australia acted as legal advisor to Pacific Equity Partners, BDO Corporate Finance (QLD) Limited served as Accountant, Link Market Services Limited acted as Information agent and Lonergan Edwards & Associates Limited as Fairness Opinion Provider to Healthia Limited.