AZV 0.00% 6.5¢ azure healthcare limited

Melbourne, Australia, September 5 2014 - Robert Grey, Chairman...

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    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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Currently unlisted public company.

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