Quantum Energy Limited (ASX:QTM) agreed to acquire remaining 20% stake in Quantum Healthcare Pty Ltd from minority shareholders for AUD 2.6 million on April 5, 2018. Quantum Energy will issue 60 million shares to the sellers which have been agreed to be kept in two year voluntary escrow. If Quantum Healthcare achieves EBIT of greater than AUD 5 million for the financial year ending on June 30, 2018, Quantum Energy will on September 30, 2018 issue to the sellers a further 20 million shares, if Quantum Healthcare achieves an aggregate EBIT of greater than AUD 11 million for the 2 year period from July 1, 2017 to June 30, 2019, Quantum Energy will on September 30, 2019 issue to the sellers a further 30 million Quantum Energy shares. As a result of Quantum Energy’s acquisition of their 20% minority interest, Quantum Energy's aggregate ownership of Quantum Healthcare increases from 80% to 100%, thereby securing Quantum Healthcare as a wholly owned subsidiary of Quantum Energy. Quantum Energy Limited (ASX:QTM) completed the acquisition of remaining 20% stake in Quantum Healthcare Pty Ltd from minority shareholders on April 5, 2018. As of October 3, 2018, with Quantum Healthcare's 2018 EBIT exceeding AUD 5 million, Quantum Energy issued 20 million shares to the sellers. As of December 18, 2019, Quantum Energy Limited has issued remaining 30 million shares as agreed between the parties. As of September 25, 2020, Quantum Energy Limited will release 20 million shares from October 6, 2020 escrowed for two years on October 3, 2018 which were issued as consideration for this transaction.