News: JHC Japara Healthcare Says Entered Scheme Implementation Deed With Calvary

July 27 (Reuters) - Japara Healthcare Ltd (JHC) :

• RECOMMENDED ACQUISITION OF JAPARA BY CALVARY
• JAPARA SHAREHOLDERS WILL RECEIVE A$1.40 CASH PER SHARE UNDER SCHEME
• SCHEME CONSIDERATION IMPLIES AN EQUITY VALUE OF APPROXIMATELY A$380 MILLION
• ENTERED A SCHEME IMPLEMENTATION DEED WITH LITTLE COMPANY OF MARY HEALTH CARE FOR ACQUISITION OF ALL SHARES IN JAPARA
• SCHEME CONSIDERATION IMPLIES ENTERPRISE VALUE OF APPROXIMATELY A$588 MILLION
• EXPECTED THAT SCHEME WILL BE VOTED ON AT A MEETING EXPECTED TO BE HELD IN OCTOBER 2021
• BOARD UNANIMOUSLY RECOMMEND THAT SHAREHOLDERS VOTE IN FAVOUR OF SCHEME