Humm Group Provides The Abercrombie Group Access to Certain Nonpublic Information in Due Diligence Process

MT Newswires Live

2025/07/31

Humm Group (ASX:HUM) said it is providing The Abercrombie Group with access to certain nonpublic information after Humm's independent board committee decided that it is in the best interests of all shareholders to engage with The Abercrombie Group and provide limited, nonexclusive diligence, according to a Thursday Australian bourse filing.

The Abercrombie Group is the family office of Humm's Chair and substantial shareholder, Andrew Abercrombie.

The limited due diligence does not guarantee that the indicative proposal will result in a binding offer being made, the firm added.

Humm Group earlier received a nonbinding offer to be fully acquired by Abercrombie Group via a scheme of arrangement for AU$0.58 per share.

Its shares fell 1% in recent trading on Thursday.

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