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TGH sells Ryman shares

TGH sells Ryman shares

Tainui Group Holdings (TGH) has sold its 4.5% holding in listed retirement village operator, Ryman Healthcare.

TGH bought the 22.5M share parcel in 2008 for $1.65 a share, and sold today at $2.58. The transaction was undertaken by Craig Investment Partners and Deutsche Bank.

Full release: TGH_statement_on_sale_of_Ryman_shareholding_130711.pdf

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