For information about the Shareholder Meetings taking place on 23 June, including assistance in participating in the hybrid meetings, lodging proxy forms or obtaining a copy of the Explanatory Booklet, please contact Link Market Services on 1800 881 432 (+61 2 8280 7927 if overseas) or submit a request via email.
If after reading the Explanatory Booklet you have any questions about the Overall Proposal, please contact the Humm Shareholder Information Line on 1300 237 569 (within Australia) or +61 2 9066 4054 (outside Australia) Monday to Friday (excluding public holidays) between 9am and 5pm.
For general investor information about hummgroup, visit our dedicated investor centre.
Lauren Thompson +61 438 954 729
Roger Newby +61 401 278 906
TOGETHER, CREATING AUSTRALASIA’S LARGEST NON-BANK CONSUMER LENDER
hummgroup and Latitude Group have entered into a binding, definitive agreement to sell humm consumer finance (HCF) to Latitude.
The HCF Sale is subject to humm shareholders’ approval at the General Meeting on June 23 2022. In addition, at the General Meeting, shareholders will also be asked to consider approving the Capital Return, as well as other ancillary resolutions.
Information about each of these resolutions can be found in the Explanatory Booklet, which includes the Notices of General and Scheme Meeting along with details on how to participate and vote.
KEY DOCUMENTS & INFORMATION
SHAREHOLDER MEETING PARTICIPATION GUIDE
18 May 2022
Use this guide to help you prepare for humm’s Shareholder Meetings on 23 June 2022.
18 May 2022
An Explanatory Booklet has been prepared in connection with the Scheme and the HCF Sale and is now available to view, now available to view, together with sample proxy and election forms.
The Explanatory Booklet includes information to help shareholders understand the resolutions at the General Meeting:
- the resolution to approve the HCF Sale
- the Capital Return Resolution
- the Ancillary Resolutions
It also includes information about the nature and effect of the Scheme, given that the Scheme can only proceed if it is approved by the requisite majorities of shareholders.
12 April 2022
hummgroup will no longer send shareholders a hard copy notice of meeting unless you request or elect to receive one.
To update your communication preferences, log on to our share registry’s website at investorcentre.linkmarketservices.com.au and select the Communications tab at the top of the page. You will need your portfolio log in details or your Securityholder Reference Number (SRN) or Holder Identification Number (HIN).
25 February 2022
A comprehensive package of information, including notices for the general and scheme meetings, explanatory memorandum (incoporating an independent expert’s report) and associated documentation, is expected to be provided to shareholders in approximately two months.
18 February 2022
hummgroup announces that it has entered into a binding, definitive agreement with Latitude Group with respect to the sale of HUM Consumer Finance, comprising its buy now pay later, instalment and credit card operations, to Latitude.
hummgroup has provided the following presentation which details the recent agreement between hummgroup and Latitude to sell HUM Consumer Finance to Latitude.
the deal in numbers
Latitude + HCF will create leading pure-play consumer finance business in Australasia
flexicommercial will remain listed on the ASX
Retain HUM shares and follow HCF's growth through LFS share allocation
Receive $0.07 in cash + 0.30 LFS shares per HUM share
Accelerated by access to additional capital
flexicommercial has a large, underserved market of $49b in ANZ within a broader $430b SME Lending Market