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Vital granted FMCA exemption

Wednesday, 04 March 2020

On 25 February 2020, NorthWest Healthcare Properties Management Limited (NWM), the manager of Vital Healthcare Property Trust (Vital), was granted an exemption by the Financial Markets Authority (FMA) with respect to its disclosure requirement under the Financial Markets Conduct Act (FMCA) in connection with the publication of Vital’s Notice of Special Meeting on 29 February 2020.

The effect of this exemption is that the Manager is not required to prepare and log with the Registrar a limited disclosure document in respect of the proposed restructuring which would result in a variation to the terms of Vital’s units, as described in Vital’s Notice of Special Meeting.

A copy of the Vital Exemption Notice is available here

A copy of the Vital Healthcare Property Trust’s trust deed showing the details of the proposed trust deed amendments is available here

 

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