Melbourne, Australia, September 5 2014 – Robert Grey, Chairman of Azure Healthcare Limited (ASX:AZV), today announced his divestment of 20 million shares. Mr Grey ensured that the shares were placed with a wide range of high quality institutional and high net worth investors.
AZV is pleased to note that Greg Lewis, AZV’s newly appointed Non Executive Director, purchased some of the shares.
We understand that releasing this tranche of shares will broaden AZV’s shareholder spread, improve share trading liquidity and raise market and customer awareness of AZV’s business.
Robert Grey’s remaining ownership is approximately 34.3 million shares (approximately 18% of AZV). Mr Grey commented:
“I continue to be confident about the company’s future growth prospects, and this divestment was to further assist with the liquidity of the stock. I have no intention to sell further shares for the foreseeable future” confirmed Mr Grey.
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About Azure Healthcare Limited (ASX:AZV)
Azure Healthcare Limited is an international provider of healthcare communication and clinical workflow management solutions. The company is headquartered in Australia, has subsidiaries in six countries and supports more than 8,500 healthcare facilities through our global reseller network which includes growing markets in health, aged care and remand care. Azure Healthcare services markets including Australia, New Zealand, Canada, UK, USA, Asia and the Middle East. For further information please refer to the Company’s website www.azurehealthcare.com.au
About Greg Lewis
Mr Lewis joined Azure Healthcare Limited as Non Executive Director, with over 20 years professional services experience including being a partner of KPMG and a principal of EY. He has strong corporate advisory experience in advising various corporate and private groups on a range of matters. He has a bachelor of economics degree, a master’s degree in taxation, is a chartered accountant, and a chartered tax advisor.
For further information please contact:
Mr Robert Grey
Chairman & Chief Executive Officer
Telephone: +614 1135 1938
Mr Jason D’Arcy
Telephone: +614 1767 7732