Tuesday, 16 April 2024

Announcement

TAKEOVER: ABA: Abano Warns of Solicitation Calls in Regards to Offer

19 Jan 2017 12:41NZX
Abano Healthcare Group Limited (NZX:ABA) and other parties have been made
aware that an Australian solicitation call centre has been hired by
Healthcare Partners, to contact Abano shareholders in regards to Healthcare
Partners'' partial takeover offer for Abano.

As the call centre is a related entity of Abano''s share register,
Computershare, this has caused confusion for some shareholders. This approach
has not been approved or authorised by Abano, nor is the firm calling on
behalf of Abano.

Abano advises shareholders to seek professional financial or legal advice if
they have any questions in regards to the offer and in particular, on any
information provided by the call centre hired by Healthcare Partners.

The Abano Board urges shareholders to take no action in response to the
solicitation calls and continues to recommend that shareholders reject the
partial offer from Healthcare Partners, a company associated with Peter and
Anya Hutson and James Reeves.

Healthcare Partners bid to gain control of Abano is gaining no traction with
only 1% of shares tendered into the partial offer as at today''s date.
Consistent with comments from major institutional and retail investors, two
large independent broking firms have advised that they also agree with the
Abano Board''s recommendation to reject the offer.

There is no benefit in shareholders accepting early as if Healthcare Partners
reaches its target acceptance level in the last seven days of the offer, the
closing date will automatically extend by 14 days and the Abano Board will
advise shareholders of the options available to them at that time.

ENDS
End CA:00295755 For:ABA    Type:TAKEOVER   Time:2017-01-19 12:41:38
Views: 108
Abano Healthcare Group
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