Third Age Health founder transfers shares in relationship property settlement

Third Age Health (NZX: TAH) announced that its founder and director, Bevan Walsh, has transferred 1,734,853 ordinary shares, representing approximately 17% of total shares on issue, to Lenore Bauer. This transfer is part of their agreed relationship property settlement and will replace Lenore's existing beneficial interest in 1,514,972 TAH shares held by Bevan.

The transfer of shares was foreshadowed in the company's NZX Listing Profile from February 11, 2021. Following the settlement, Bevan Walsh will retain a beneficial interest in 149,317 shares, equivalent to 1.5% of the total TAH shares currently on issue, through a conditional option agreed with Lenore.

Both Bevan Walsh and Lenore Bauer expressed support for the company's continued performance and growth. Disclosure notices regarding this share transfer will be filed on the NZX upon completion.