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Abano confirm placement to RECT Funds Management

Listed healthcare and medical services provider, Abano Healthcare Group, has today been advised by ABN AMRO Craigs that it has completed the announced book build sell-down of the shareholding of Cullen Investments and parties associated with Eric Watson (Cullen) in Abano.

ABN AMRO Craigs advised that 72,996,512 of the 121,181,035 shares that were held by Cullen and associates have now been placed.

REL-cullenSellandRECTPlacement29Oct04

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