SSH: ABA: SSH (Healthcare Industry Limited)

13 Jan 2010 4:17 pm

ABA 13/01/2010 SSH

REL: 1617 HRS Abano Healthcare Group Limited

SSH: ABA: SSH (Healthcare Industry Limited)

Disclosure of movement of 1% or more in substantial holding or change in nature of relevant interest Section 23 and 24, Securities Markets Act 1988 Relevant event being disclosed: Disclosure of movement of 1% or more in substantial holding Date of relevant event: 23 December 2009 To: NZX And: Abano Healthcare Group Limited Date this disclosure made: 13 January 2010 Date last disclosure made: 2 December 2009 Substantial security holder(s) giving disclosure Name(s): Healthcare Industry Limited Peter Lionel Hutson, Lewis Thomas Grant and Anya Lee Hutson as trustees of the Anya Hutson Trust Peter Lionel Hutson, Lewis Thomas Grant and Anya Lee Hutson as trustees of the Praxis Trust Scott Eric Wright, Alison McRae Wright and Kevin David Pitfield as trustees of the Scott and Alison Wright Family Trust Contact details: Roger Wallis, Solicitor Phone: +64 357 9000 Email: roger.wallis@chapmantripp.com Summary of substantial holding to which disclosure relates Class of listed voting securities: Ordinary shares (ABA) Summary for: Healthcare Industry Limited For this disclosure,-- (a) total number held in class: 3,049,929 (b) total in class: 20,760,888 (c) total percentage held in class: 14.691% For last disclosure, - (a) total number held in class: 4,574,893 (b) total in class: 23,805,505 (c) total percentage held in class: 19.218% Summary for: Peter Lionel Hutson, Lewis Thomas Grant and Anya Lee Hutson as trustees of the Anya Hutson Trust For this disclosure,-- (a) total number held in class: 3,049,929 (b) total in class: 20,760,888 (c) total percentage held in class: 14.691% For last disclosure, - (a) total number held in class: 4,574,893 (b) total in class: 23,805,505 (c) total percentage held in class: 19.218% Summary for: Peter Lionel Hutson, Lewis Thomas Grant and Anya Lee Hutson as trustees of the Praxis Trust (a) total number held in class: 3,049,929 (b) total in class: 20,760,888 (c) total percentage held in class: 14.691% For last disclosure, - (a) total number held in class: 4,574,893 (b) total in class: 23,805,505 (c) total percentage held in class: 19.218% Summary for: Scott Eric Wright, Alison McRae Wright and Kevin David Pitfield as trustees of the Scott and Alison Wright Family Trust For this disclosure,-- (a) total number held in class: 3,049,929 (b) total in class: 20,760,888 (c) total percentage held in class: 14.691% For last disclosure, - (a) total number held in class: 4,574,893 (b) total in class: 23,805,505 (c) total percentage held in class: 19.218% Details of transactions and events giving rise to the relevant event Details of the transactions or other events requiring disclosure under the instructions to this form: Pro rata acceptance of Abano Healthcare Group Limited share buyback offer in respect of 1,524,964 shares at the $5.93 per share offer price specified in ABA's buyback offer terms dated 4 December 2009. The substantial shareholders' percentage holding has changed as a consequence of other ABA shareholders not accepting the buyback offer. Details of relevant interests in substantial holding after relevant event Details for: Healthcare Industry Limited Nature of relevant interest(s): Beneficial ownership of 3,049,929 ordinary shares. For that relevant interest,-- (a) number held in class: 3,049,929 (b) percentage held in class: 14.691% (c) current registered holder(s) of securities: ASB Nominees Limited (d) registered holder(s) of securities once transfers registered: ASB Nominees Limited Name of other parties to the transaction or event: Abano Healthcare Group Limited Consideration: $5.93 per share in cash Number of securities to which the transaction or event relates: 1,524,964. Details for: Peter Lionel Hutson, Lewis Thomas Grant and Anya Lee Hutson as trustees of the Anya Hutson Trust Nature of relevant interest(s): Peter Lionel Hutson, Lewis Thomas Grant and Anya Lee Hutson (jointly) hold more than 20% of the shares in Healthcare Industry Limited and are deemed by the Act to hold any relevant interest that Healthcare Industry Limited For that relevant interest,-- (a) number held in class: 3,049,929 (b) percentage held in class: 14.691% (c) current registered holder(s) of securities: ASB Nominees Limited (d) registered holder(s) of securities once transfers registered: ASB Nominees Limited Name of other parties to the transaction or event: Abano Healthcare Group Limited Consideration: $5.93 per share in cash. Number of securities to which the transaction or event relates: 1,524,964 Details for: Peter Lionel Hutson, Lewis Thomas Grant and Anya Lee Hutson as trustees of the Praxis Trust Nature of relevant interest(s): Peter Lionel Hutson, Lewis Thomas Grant and Anya Lee Hutson (jointly) hold more than 20% of the shares in Healthcare Industry Limited and are deemed by the Act to hold any relevant interest that Healthcare Industry Limited For that relevant interest,-- (a) number held in class: 3,049,929 (b) percentage held in class: 14.691% (c) current registered holder(s) of securities: ASB Nominees Limited (d) registered holder(s) of securities once transfers registered: ASB Nominees Limited Name of other parties to the transaction or event: Abano Healthcare Group Limited Consideration: $5.93 per share in cash. Number of securities to which the transaction or event relates: 1,524,964. Details for: Scott Eric Wright, Alison McRae Wright and Kevin David Pitfield as trustees of the Scott and Alison Wright Family Trust Nature of relevant interest(s): Scott Eric Wright, Alison McRae Wright and Kevin David Pitfield (jointly) hold more than 20% of the shares in Healthcare Industry Limited and are deemed by the Act to hold any relevant interest that Healthcare Industry Limited For that relevant interest,-- (a) number held in class: 3,049,929 (b) percentage held in class: 14.691% (c) current registered holder(s) of securities: ASB Nominees Limited (d) registered holder(s) of securities once transfers registered: ASB Nominees Limited Name of other parties to the transaction or event: Abano Healthcare Group Limited Consideration: $5.93 per share in cash Number of securities to which the transaction or event relates: 1,524,964 Additional information Nature of connection between substantial security holders: as specified above. Address(es) of substantial security holder(s): C/- Staples Rodway Limited, 11th Floor, Tower Centre, 45 Queen Street, Auckland Name of any other person believed to have given, or believed to be required to give, a disclosure under the Act in relation to the securities to which this disclosure relates: Not applicable Declaration I, Roger Frederick Wallis, declare that, to the best of my knowledge and belief, the information contained in this disclosure is correct and that I am duly authorised to make this disclosure by all persons for whom it is made. End CA:00190144 For:ABA Type:SSH Time:2010-01-13:16:17:35

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