Apollo and Anjac Announce Closing of Arrangement

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Jan 07, 2022

Apollo Healthcare Corp. (TSX: AHC, OTCQX: AHCCF) (“Apollo” or the “Company”) and Anjac SAS (“Anjac”) are pleased to announce that they have completed the previously announced plan of arrangement (the “Arrangement”) under section 182 of the Business Corporations Act (Ontario) (“OBCA”) among Apollo, Anjac and 1000009701 Ontario Inc. (the “Purchaser”), pursuant to which, among other things, the Purchaser has acquired all of Apollo’s issued and outstanding Class B shares (“Apollo Shares”) other than certain Apollo Shares held by Charles Wachsberg and Richard Wachsberg.