Completion of Designs For Vision acquisition

Paragon Care Limited (“Company”) is pleased to advise that it has today, 9 October 2015, settled the acquisition of Designs for Vision. Details of the Designs for Vision acquisition were provided in the Rights Issue Information Booklet and the Notice of General Meeting, both lodged with ASX on 26 August 2015.

As part of the settlement consideration and as approved at the General Meeting of 28 September 2015 the Company has issued 7,547,170 new shares. The Cleansing Notice and Appendix 3B for the issue follows this announcement.