BUZZ-Australia's humm Group surges after favourable ruling on 2020 SMBC claim

Reuters

02/03

** Shares of humm Group HUM.AX rise as much as 2.7% to A$0.755

** Co says Federal Court of Australia ruled in its favour in relation to a A$76.7 million ($53.74 million) 2020 arrangement with SMBC Leasing and Finance regarding exposure to Forum Finance

** Shares gained 6.4% in January

($1 = 1.4271 Australian dollars)

(Reporting by Nichiket Sunil in Bengaluru)

((Nichiket.Sunil@thomsonreuters.com))

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