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Abano Healthcare Group Ltd (ABA.NZ)

ABA.NZ on New Zealand Stock Exchange

8.60NZD
30 Mar 2017
Change (% chg)

$0.10 (+1.18%)
Prev Close
$8.50
Open
$8.50
Day's High
$8.60
Day's Low
$8.50
Volume
4,505
Avg. Vol
4,426
52-wk High
$9.20
52-wk Low
$7.05

Latest Key Developments (Source: Significant Developments)

Abano Healthcare says hostile partial takeover attempt by Healthcare Partners has failed
Sunday, 5 Mar 2017 02:31pm EST 

Abano Healthcare Group Ltd :Hostile partial takeover attempt by healthcare partners and its directors, peter and anya hutson and james reeves, has failed.  Full Article

Abano Healthcare advises shareholders to reject varied takeover offer
Thursday, 16 Feb 2017 02:30pm EST 

Abano Healthcare Group Ltd : Abano advises shareholders to reject varied takeover offer . The board is not soliciting bids for Abano .Advised shareholders to reject revised partial takeover offer price from Healthcare Partners Holdings Limited.  Full Article

Abano Healthcare updates on Healthcare Partners' partial takeover offer
Wednesday, 1 Feb 2017 02:30pm EST 

Abano Healthcare Group Ltd : "Continues to recommend that shareholders reject the offer" .Update on the partial takeover offer from Healthcare Partners Holdings Limited.  Full Article

Abano Healthcare Group Limited continues to oppose offer from Healthcare Partners
Thursday, 26 Jan 2017 02:30pm EST 

Abano Healthcare Group Ltd : Abano continues to oppose offer, closing date extended .Board of Abano continues to recommend that shareholders reject partial takeover offer from Healthcare Partners.  Full Article

Abano Healthcare Group says HY net profit after tax up 73 pct
Wednesday, 25 Jan 2017 02:30pm EST 

Abano Healthcare Group Ltd : HY net profit after tax (NPAT) up 73% to NZ$5.9m ; HY revenue NZ$116.8m; interim dividend confirmed at 16 cents per share . Sees growth in same store revenue of 6% over the three year period FY18 to FY20 . Sees growth in underlying ebitda margin to be greater than 14% by FY20 .Sees growth in underlying EPS greater than 15% per annum.  Full Article

Abano Healthcare updates on FY17 guidance
Sunday, 22 Jan 2017 02:32pm EST 

Abano Healthcare Group Ltd : ABA on track with positive acquisition rate and performance . Year to date, Abano is tracking above financial forecasts for FY17 used in Grant Samuel valuation . Is on track to acquire its 200th dental practice by end of January 2017 . Company is expecting to add an additional 31 dental practices in 2017 financial year . To date, in this financial year, Abano has acquired 18 practices, expected to deliver approximately $24 million in additional gross annualised revenues . Abano confirms it expects to deliver full year financial results in line with FY17 financial forecasts . Each dental practice acquisition is earnings accretive .All figures in NZ$.  Full Article

Abano Healthcare board recommends shareholders reject partial offer
Tuesday, 13 Dec 2016 02:42pm EST 

Abano Healthcare Group Ltd : Unanimously recommends that shareholders reject partial takeover offer made by Healthcare Partners Holdings Limited .Abano board recommends shareholders reject partial offer.  Full Article

Abano advices shareholders to take no action in respect of Healthcare Partners' offer
Thursday, 8 Dec 2016 10:45pm EST 

Abano Healthcare Group Ltd : Received notice that Healthcare Partners Holdings Limited has sent its partial takeover offer to Abano shareholders . Preliminary view of Abano Board is that partial nature of offer is not in best interests of shareholders . Reiterates advice to shareholders to take no action in respect of offer and wait for Board's recommendation ."It likely that value of Abano's shares post-offer, and ability to sell those shares, would be adversely affected".  Full Article

Abano Healthcare expects increase in underlying NPAT from continuing businesses for first half
Tuesday, 22 Nov 2016 04:13pm EST 

Abano Healthcare Group Ltd : intends to pay an interim dividend of between 11 to 16 cents per share, for six months ending 30 november 2016. . expects an increase of at least 35% in underlying npat from continuing businesses for first half of 2017 financial year . underlying npat for six month period to 30 november 2016 expected to be between $5.0 to $5.6 million. . expects healthcare partners' offer price would reduce to $9.84 to $9.89 per share for 30.99% of abano shares . believes public communications from peter and anya hutson and james reeves about payment of dividends have been confusing to shareholders . their subsequent media statements to clarify 'misleading claims by abano' in regards to dividend issue have been disingenuous and incorrect." .all figures in nz$.  Full Article

Abano Healthcare Group updates shareholders on unsolicited takeover offer from Healthcare Partners
Wednesday, 16 Nov 2016 05:00pm EST 

Abano Healthcare Group Ltd : Abano board is advising shareholders to take no action in respect of offer .sent letter to shareholders in regards to notice of intention to make unsolicited partial takeover offer from healthcare partners.  Full Article

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BRIEF-Abano Healthcare advises shareholders to reject varied takeover offer

* Advised shareholders to reject revised partial takeover offer price from Healthcare Partners Holdings Limited Source text for Eikon: Further company coverage: