Impact Healthcare REIT PLC (LSE:IHR) acquired PORTFOLIO OF SIX CARE HOMES IN SHROPSHIRE AND CHESHIRE from Morris Care Limited for £54.8 million on January 10, 2023. Consideration of £44.8 million will be paid in cash and remaining will be paid by issuing 9,603,841 shares. The cash element has been funded by £50 million debt drawn. Tom Yeadon and Ollie Nott of Jefferies International (Holdings) Limited and Neil Langford and Joe Winkley of Winterflood Securities Limited acted as financial advisors to Impact Healthcare REIT PLC (LSE:IHR). Daniel Bellau of Edwin Coe LLP acted as legal advisor to Morris Care Limited.

Impact Healthcare REIT PLC (LSE:IHR) completed the acquisition of PORTFOLIO OF SIX CARE HOMES IN SHROPSHIRE AND CHESHIRE from Morris Care Limited on January 10, 2023.