TOV: HUM - Panel Makes Further Interim Orders

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Stock Humm Group Ltd (HUM.ASX)
Release Time 11 Mar 2026, 11:37 a.m.
Price Sensitive Yes
 Takeovers Panel Makes Further Interim Orders for Humm Group
Key Points
  • Panel seeks extensive submissions on issues including disclosure and share acquisitions
  • Adjourns Humm's shareholder meeting to a date between 20 April and 4 May 2026
  • Requires Humm to issue meeting notice after Panel and shareholders review draft
Full Summary

The Takeovers Panel has made further interim orders in response to an application by Akat Investments Pty Ltd regarding the affairs of Humm Group Limited. The Panel has sought and is considering extensive submissions from all parties on issues raised in the proceedings, including the disclosure of Humm's indicative proposal from Credit Corp Group and certain share acquisitions. The Panel has not yet made any decision on these matters. To preserve the status quo, the Panel has ordered Humm to adjourn its shareholder meeting convened by Mr Jeremy Raper and Sandhurst Trustees to a date between 20 April and 4 May 2026. Humm must issue a notice of the adjourned meeting that complies with the company's constitution, and the Panel and the Convening Shareholders must be provided time to review and comment on the draft notice. The interim orders will remain in effect until the earliest of further Panel order, determination of the proceedings, or 2 months from the date of the orders.