Humm Group Faces Costs Orders from Takeovers Panel
Key points
- Humm Group required to pay $44,599.50 to Mr. Raper within 90 days
- Costs cover fair and reasonable expenses from 5 March to 22 April 2026
- Payment can be deferred due to ongoing judicial review proceedings
Full summary
The Takeovers Panel has issued costs orders against Humm Group Limited, requiring the company to pay $44,599.50 to Mr. Jeremy Raper within 90 days. This amount represents the fair and reasonable costs incurred by Mr. Raper in connection with the proceedings from 5 March 2026 to 22 April 2026. The Panel made this decision due to Humm Group's behavior disrupting, hindering, and delaying the proceedings. The payment can be deferred due to ongoing judicial review proceedings.
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