Abano tests validity of special meeting

Abano Healthcare [NZX: ABA] is likely to respond today to an extraordinary general meeting request from shareholders Peter Hutson and James Reeves who want to oust Trevor Janes as chairman.

The two shareholders, whose interests together hold 19% of the company, invoked their rights under the Companies Act to call for an EGM for shareholders to vote on their resolution.

They asked the Abano board to set a meeting date by the close of business yesterday, a deadline that passed without response.

 

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