ABA
16/10/2015 11:05
DIRECTOR
NOT PRICE SENSITIVE
REL: 1105 HRS Abano Healthcare Group Limited
DIRECTOR: ABA: Susan Paterson to Retire as Abano Director
Abano Healthcare Group Limited (NZX:ABA) has announced that Director Susan
Paterson has advised of her intention to step down from the Board at the end
of November 2015.
Board Chairman, Trevor Janes, thanked Susan for her considerable
contributions over the past 10 years.
"Susan has played an important role in the evolution of Abano as we have
grown our business and focused our investment into scalable healthcare
sectors primarily funded by private revenue. She has provided strategic input
into Board discussions and decisions over this 10 year period, during which
Abano has built up shareholder value, started its offshore investment in
dental and audiology and returned significant capital to shareholders."
Susan said: "It has been a privilege to have been involved with Abano's Board
for the past ten years and more recently as deputy chair. Now is the time for
new people with fresh thinking to take up the governance reins at Abano and
to continue to steer the company's future direction."
Following Susan's retirement at the end of November 2015, the Abano Board
will have five independent Directors with an additional Board appointment to
be considered in 2016. Australian-based Director, Murray Boyte, was the most
recent appointment to the Board in February 2015 as Abano's Australian
footprint continues to grow.
ENDS
End CA:00271865 For:ABA Type:DIRECTOR Time:2015-10-16 11:05:59
