Koala Disability Care Pty Ltd Sells Disability Care Business

Key points

• Koala Disability Care Pty Ltd sells its business to Ello Care Pty Ltd
• Sale price is $2,238,229 exclusive of GST
• Deposit of $223,822 paid on exchange, balance payable on settlement

Full summary

Freedom Care Group Holdings Limited (ASX: FCG) announced that Koala Disability Care Pty Ltd, in which FCG's subsidiary holds a 29% interest, has sold its disability care business to Ello Care Pty Ltd. The sale price is $2,238,229 exclusive of GST. A deposit of $223,822 was paid on exchange, with the balance of $2,014,406 payable in cleared funds on settlement, expected on 14 October 2026. FCG will receive its portion of the sale proceeds and continues to explore relisting options.