Abano Healthcare Group sees no justification in changing what
it says is a legally valid date for its special meeting on
The group, which includes Lumino The Dentist, is facing a
divisive vote following a move by dissident shareholders to
remove chairman Trevor Janes.
On Friday, one of the shareholders, James Reeves, filed
proceedings in the High Court seeking orders to postpone the
special meeting to a date three to four weeks after June 13.
Abano Healthcare Group managing director Alan Clarke said the
Abano group saw no justification in changing the date for
Abano gave notice of the special meeting on May 23. The NZX
approved the special meeting on May 21, followed by the
posting of the notice of meeting to all shareholders on May
The notice of meeting provided 13 working days' notice for a
special meeting, exceeding the 10 working days required under
Companies Act provisions.
In parallel, Michael Timoney, the former chief executive of
Dental Partners Pty, Abano's Australian dental subsidiary,
served a claim for $A4.5 million ($NZ4.9 million) in relation
to his termination early last year.
''Abano sees no merit and will strongly defend this claim,''
Mr Clarke said.