Andrew abercrombie humm.
The Humm Group Ltd (ASX: .
Andrew abercrombie humm " Andrew Abercrombie, a major Humm shareholder. The members said they could not remain on the board with Humm founder and shareholder Andrew Abercrombie, who believed the deal was undervalued. 31 March 2021 . Shareholders in Humm must decide on whether to sell the company’s consumer finance arm to Latitude at a shareholder meeting on June 23. +61-2-8905-2000 . Advertisement. hummgroup Consumer Finance Update . ANDREW ABERCROMBIE. 6m . hummgroup Consumer Finance Sale . The Technology Committee is responsible for supporting the Board . Humm, which was known as FlexiGroup until mid-2020, was in the ‘payments by instalments’ space long before many of the other ASX plays. Company profile for Humm Group Ltd. View detailed HUM. 01. 1% bonuses, including company stock and options. Know which insiders are buying and selling along with top shareholders and ownership breakdown. group’s products and services. Watch here - https://lnkd. Andrew Abercrombie Is The Chairman of FlexiGroup Limited (ASX:FXL) And Introduction to Humm Group. Shareholders in buy now, pay later and commercial leasing group Humm welcomed news that the company’s entire board, apart from renegade director Andrew Abercrombie, would step down after the This initial shift in shares Change of Director’s Interest Notice was released by hummgroup (Humm) on 8 June, with the lender confirming that Andrew Abercrombie had purchased 6,385,816 shares of the company through his outfits Tefig and The Abercrombie Group for more than $5. Under the institutional offer, Chairman and founder Andrew Abercrombie will subscribe for A$7. The company said it has reserved the ASX ticker HUM for its rebranding, which remains subject to approval from its humm group limited. group Board of Directors. Name of Director Andrew Appendix 4E - 1 - humm Group Limited 21 August 2024 ABN 75 122 574 583 APPENDIX 4E 21 Andrew Abercrombie Chairman 21 August 2024 _____ HUMM GROUP LIMITED // ANNUAL REPORT 2024 3 CHIEF EXECUTIVE’S REPORT Dear Shareholders I am very grateful to Humm New Zealand Headquarters Executive Team. of securities held after change Tefig Pty Ltd atf AJ Abercrombie Superannuation Fund – 33,116,333 shares ; humm. 0. 0b in receivables. Barton and Abercrombie are both private, and succeeded in mostly keeping their relationship out of the public eye. The company has been caught up in a broader BNPL and tech slump, which has The under pressure company in question is Humm Group Ltd Humm chairman Andrew Abercrombie noted that: Abercrombie noted that his own shareholding has increased to 26. in/gNmS7i2T Proudly Our special guest is rich-lister Andrew Abercrombie, Chair & Founding Director of Humm Group and revered businessman, investor & philanthropist. total yearly compensation is A$2. This presentation humm group director and 20 per cent shareholder Andrew Abercrombie has stepped up his efforts to stop the sale of the company’s consumer finance business to Latitude Financial Services, launching a campaign that will include a shareholder mailout, a website and telephone contact from a proxy service. 63 % 130,955,600: 26. Shareholders in buy now, pay later and commercial leasing group Humm welcomed news that the company’s entire board, apart from renegade director Andrew Abercrombie, would step down after the Andrew Abercrombie. Andrew Abercrombie | Chairman Stuart Grimshaw | CEO. It’s not taken long for Humm Group’s board and renegade director Andrew Abercrombie to start booking investor meeting to sell their take on Humm’s $335 million deal with Latitude. Andrew Abercrombie, a founder and former chief executive of humm group - and currently a director and 20 per cent shareholder - has broken ranks with fellow directors by advocating against the sale of the company’s consumer finance business to Latitude Financial Services. In an update to the ASX, the directors said they could not remain on Humm Group founder Andrew Abercrombie took over as chairman after directors including John Wylie and Christine Christian resigned as part of a calamitous boardroom fallout. Long-suffering shareholders at Humm, the former FlexiGroup business, would be bemused to see the most recent attempts by the company’s former chairman Andrew Abercrombie to derail the $300m sale "That Mr Andrew Abercrombie, a Director of humm group limited who retires at the close of the AGM in accordance with Article 10. Andrew Abercrombie is the founder of Humm Group Ltd. humm group limited (ASX: HUM) (Humm or hummgroup) Chair Christine Christian AO said: “The Majority Directors. " Resolution 2: Adoption of Remuneration Report Humm co-founder Andrew Abercrombie: “The hard work of rebuilding Humm starts now, and I look forward to being part of that renewal. Below are some executive team members name of Humm corporate office New Zealand. Name of entity humm group limited ABN 75 122 574 583. During the period the Board established the Technology Committee. Shareholders had called for the chair to resign following the collapse of the sale of its buy now, pay later business to Our special guest is rich-lister Andrew Abercrombie, Chair & Founding Director of Humm Group and revered businessman, investor & philanthropist. 93M, comprised of 34. Born in Sydney in 1957, Andrew re-located to Melbourne at an early age and before long, his entrepreneurial qualities were on display, establishing five paper rounds as a teenager before turning his hand to trading motorbikes, Andrew Abercrombie | Chairman Stuart Grimshaw | CEO 16 November 2023. Level 1, 121 Harrington St, The Rocks, Sydney NSW 2000. This presentation is not a financial product or investment advice or recommendation, offer or invitation by any person or to any person to sell or purchase securities in . He was appointed a Director of the Company in November 2006. He stood down as long-term chairman shortly before Christmas amid suggestions he was behind Our exclusive feature interview with rich-lister Andrew Abercrombie - Chair & Founding Director, humm group. Our special guest is rich-lister Andrew Abercrombie, Chair & Founding Director of Humm Group and revered businessman, investor & philanthropist. “The majority directors believe Andrew Abercrombie overplayed his hand quite fundamentally in a transaction that could have been very beneficial for shareholders,” she said. He retains a 20 per cent stake in the company. Andrew Abercrombie Member Whole Reporting Period Fran Ereira Advisory Member Whole Reporting Period Chris Venter Advisory Member Whole Reporting Period For the Reporting Period, the Technology Committee was responsible for supporting the Board in overseeing the end -to-end digital delivery of hummgroup’s products and services. Andrew Abercrombie, it included a piece of information that got investors excited. 4% and 3. Abercrombie is also on the board of Menzies Research This initial shift in shares Change of Director’s Interest Notice was released by hummgroup (Humm) on 8 June, with the lender confirming that Andrew Abercrombie had purchased 6,385,816 shares of the company Andrew Abercrombie is an experienced commercial and tax lawyer, and was a founding partner in a legal firm operating in Sydney and Melbourne. ” Subject to the observations and qualifications set out by Andrew Abercrombie in Sections 1. 424: $88,129: Click here for the last 20 transactions all companies. Overview. 6% of the shares outstanding respectively, Name of entity humm group limited ABN 75 122 574 583 We (the entity) give ASX the following information under listing rule 3. But HUM’s condensed update Andrew Abercrombie | Chairman Stuart Grimshaw | CEO 16 November 2023. A Abercrombie been busy buying up, now holds 99M shares SOI 495M . -ENDS- Authorised for release by the hummgroup Board of Directors. FY24 AGM // NOVEMBER 2024. Level 1, 121 Harrington Street, The Rocks, Sydney NSW 2000. Born in Sydney in 1957, Andrew re-located to Melbourne at an early age and before long, his entrepreneurial qualities were on display, establishing five paper rounds as a teenager before turning his hand to trading motorbikes, Humm chairman Andrew Abercrombie had urged shareholders to vote against the deal and said it undervalued the BNPL unit. Get Humm Group Ltd (HUM. 2021 Annual Report . DIRECTORS The following persons were Directors of humm Group Limited ABN 75 122 574 583 during the half -year and up to the date of this report unless otherwise stated: Andrew Abercrombie Teresa Fleming Sydney - 10 August 2015 Andrew Abercrombie has been appointed as Chairman of FlexiGroup Limited FlexiGroup Chairman Chris Beare and non-executive director Anne Ward have announced their intention to step down from the Company's Board of ANDREW ABERCROMBIE CHAIRMAN The 2019 financial year has seen flexigroup make significant progress towards our goal of simplifying our business, lifting our visibility, our accessibility and our service to customers, partners and the community. Former Humm chairman Andrew Abercrombie says the rest of the board has shunned him for his opposition to the sale of the group’s consumer finance business to Latitude Financial in a deal he Humm founder Andrew Abercrombie will once again become chair of the company. Based on how the deal is structured as a trade sale, it only requires 50% approval from shareholders to proceed. 2. Join to edit. Those following along with Humm Group Limited will no doubt be intrigued by the recent purchase of shares by Andrew Abercrombie, Independent Non-Executive Chairman of the company, who spent a stonking AU$921k on stock at an average price of AU$0. humm group limited is a company limited by shares, incorporated and domiciled in Australia. 3(c) of the Constitution, and being eligible, and offering himself for re -election, is re-elected as a Director of humm Group Limited . 5m and other BNPL products bundll®, humm®pro and humm® NZ of $16. 8b, which was a welcome return to growth after three years The humm board and management must regroup after the decision to call off the sale of its consumer finance business to Latitude, with questions over the future of chair Christine Christian, who clashed heatedly with founder, director and Humm co-founder Andrew Abercrombie: “The hard work of rebuilding Humm starts now, and I look forward to being part of that renewal. ". While that only increased their holding size by 1. ” HUMM GROUP LIMITED // ANNUAL REPORT 2024 4 Our Consumer business delivered volumes from continuing products of $2. “The near 30 per cent increase in the Humm share price to 93c when the transaction was first announced underscores the initial very positive market assessment of this deal before his I see everyone here bashing Humm as if they are exactly the same as the other BNPL players but they are an older business who have just modernised the consumer side to current trends. Abercrombie is Chairman for Humm Group Ltd. by nfury8. Total receivables of $2. Share article. Discover current team members including executives, board members, and advisors. The two met in 2017, and began dating shortly thereafter. 18% loan growth delivered $5. 3 FY23 AGM // NOVEMBER 2023 humm group limited ACN 122 574 583 Level 1, 121 Harrington St, The Rocks, Sydney NSW 2000 Locked Bag 5005, Royal Exchange NSW 1225 T +61 (2) 8905 2000 25 October 2024 NOTICE OF ANNUAL GENERAL MEETING 2024 Dear Shareholder Mr The latest Humm Group stock prices, stock New Zealand Cards, Australia Cards, and Commercial. and Flexirent Capital Pty Ltd. In anticipation of voting against the proposal, Abercrombie built up his shareholding, which currently stands at roughly 22. 12, Andrew Abercrombie, founder, director and former chairman of Humm, recommends for the reasons given in those Sections that you vote against the HCF Sale. are aware of a number of public statements made by Andrew Abercrombie. humm group limited abn 75 122 574 583 for the year ended 30 june 2023 ar 23 humm group limited annual report 2023 Advised Humm director and major shareholder, Andrew Abercrombie, in relation to Latitude Financial’s bid to acquire Humm Group’s consumer finance business. The Humm Group Ltd (ASX: Andrew Abercrombie labelled the proposed transaction a "dud deal" yesterday afternoon, noting a major portion of the sale's value has fallen 25% since it was tabled; Listen to this episode of The Interview: 'Andrew Abercrombie - Humm Group' released on November 26, 2024. Humm Group's CEO is Stuart Grimshaw, appointed in Jun 2023, has a tenure of 1. CHAIRMAN’S ADDRESS. Please find attached to this announcement a letter from the Majority Directors to humm group limited (ASX: HUM) (Humm) shareholders. Directors & Executives (current) NAME TITLE DATE OF APPT; Andrew humm group limited ACN 122 574 583 Level 7, 179 Elizabeth St, Sydney NSW 2000 Tel. Its registered office and principal place of business is: Andrew Abercrombie (resigned as Chairman on 20 December 2021) Rajeev Dhawan Carole Campbell John humm Group Limited is an Australia-based diversified non-bank financial services company providing lending, directly and through a network of retailers and brokers. 5 FY24 AGM // NOVEMBER 2024 DELIVERED BY STRONG HALF-ON-HALF PERFORMANCE. Stuart Grimshaw. AU description & address. 1 million. operates as a financial services group, The company was founded by David Berkman and Andrew Abercrombie in 1988 and is headquartered in Sydney, Australia. Humm headquarters is run by an executive team. ANDREW ABERCROMBIE: Chair, Founding Director, Non-Independent, Non-Executive; TERESA (TERRY) FLEMING: Independent, Non-Executive; STUART GRIMSHAW: There was talk that an equity raising was on the cards for Humm should it not sell assets, a move that sources say Humm’s former chairman, Andrew Abercrombie, was against. 02. ($1 = 1. ii In total, Abercrombie has spent $11. group in any jurisdiction. 21 June 2022 . humm group limited (ASX: HUM) (“hummgroup” or “Company”) today announces the retirement of Ms Christine Christian AO, Mr Rajeev Dhawan and Ms Carole Campbell from the Company Board, effective Humm have advised that CEO Rebecca James (pictured) has notified the Board of her intention to stand down as Chief Executive Officer of hummgroup. That included Humm Group was originally called Flexigroup, which grew out of FlexiRent, started by Andrew Abercrombie. Humm appointed Flagstaff Partners as its financial adviser. 2 Our special guest on this episode is rich-lister Andrew Abercrombie - Chair & Founding Director of Humm Group and revered businessman, investor and philanthropist. Humm CEO Stuart Grimshaw then took over the podium and also didn't hold back any punches. The biggest shareholder in Humm is Liberal Party powerbroker and FlexiGroup founder Andrew Abercrombie. Andrew is an experienced commercial and tax lawyer and was a founding partner in a legal firm operating in both Sydney and humm group limited ACN 122 574 583 Level 1, 121 Harrington St, The Rocks, NSW 2000 Tel. 9% salary and 65. Abercrombie Founding Director, Non-Independent Non-Executive Chairman of the Board. Appendix 4E - 1 - humm Group Limited 21 August 2024 ABN 75 122 574 583 APPENDIX 4E 21 Andrew Abercrombie Chairman For personal use only 21 August 2024 _____ HUMM GROUP LIMITED // ANNUAL REPORT 2024 3 CHIEF EXECUTIVE’S REPORT Dear Shareholders I am very grateful to humm group limited ACN 122 574 583 Level 1, 121 Harrington St, The Rocks, NSW 2000 Tel. 2 and as agent for the director for the purposes of section 205G of the Corporations Act. Chairman of the Board · Experience: Self-employed · Location: Richmond · 180 connections on LinkedIn. (founded in 1988) and Flexirent Capital Pty Ltd. Andrew Abercrombie Chairman 24 August 2023 _____ HUMM GROUP LIMITED // ANNUAL REPORT 2023 3 CHIEF EXECUTIVE’S REPORT business is taking to growing its core hummgroup FY23 volume of $4. humm group. 3b in FY24 up 12% on the prior year driven by growth in humm® AU and our global businesses , Ireland in particular. 16 April 2023. Stuart Ian Grimshaw "This partnership, combined with online pet retailers PETStock and PetPost, ensures that pet owners will have a complete solution with Humm," says Flexigroup, founded initially in 1991 as FlexiRent by Andrew Abercrombie. $13. i. Full bio on The Official Board. It was founded by Andrew Abercrombie in 1991, who remains with the business today. It is this position in the market that has delivered another year of strong financial and operational humm group limited ACN 122 574 583 Level 1, 121 Harrington St, The Rocks, NSW 2000 Tel. cutive Director. The company was founded by David Berkman and Andrew Abercrombie in 1988 and is headquartered in Sydney, Australia. The "That Mr Andrew Abercrombie, a Director of humm group limited who retires at the close of the AGM in accordance with Article 10. Abercrombie noted that his own shareholding has increased to 26. It also named Christine Christian as its independent chairwoman, replacing Andrew Abercrombie. humm group limited ASX: HUM ACN 122 574 583 Level 1, 121 Harrington St, The Rocks, NSW 2000 Tel. The company was founded by David Berkman and Andrew Abercrombie in 1988 and is headquartered Discover Humm Group's earnings and revenue growth rates, forecasts, and the latest analyst predictions while comparing them to its industry peers. Abercrombie is an Australian model and the son of Andrew Abercrombie, founding director of the financial company now called humm group. Buy now, pay later lender Humm Group sanctioned by ASIC. Born in Sydney in 1957, Andrew re-located to Melbourne at an early age and before long, his entrepreneurial qualities were on display, establishing five paper rounds as a teenager before turning his hand to trading motorbikes, Humm Group was originally called Flexigroup, which grew out of FlexiRent, started by Andrew Abercrombie. AX) real-time stock quotes, news, Andrew J. 19 August 2021 . 2018 was a year of investment in the business with a focus on growth, the digitisation of our product Humm Group director Andrew Abercrombie has asked shareholders to vote against the $335 million sale of Humm’s consumer finance business to Ahmed Fahour’s Latitude Financial, in a rare display Andrew Abercrombie, Humm’s founder and major shareholder, campaigned against the sale. In October we welcomed new CEO Rebecca James, who in her short tenure has galvanised talent from In a statement to the ASX on Wednesday morning, Humm said: “The events leading to the termination of the proposed sale of Humm Consumer Finance to Latitude Group Holdings Limited have caused the Majority Andrew Abercrombie had not run the campaign he did, or if he had reversed his opposition. We (the entity) Andrew Abercrombie 01/01/2011 Appendix 3Y Page 2 Date of Notice : 26 August 2021 No. 7 and 3. View drew abercrombie’s profile on LinkedIn, Andrew Abercrombie Glasgow. Banking sources close to But Andrew Abercrombie has hit back at the Humm board, telling shareholders Latitude’s private equity owners will be “sprinting for the exits” after the sale completes. hummgroup Chairman, Andrew Abercrombie, said: “We’re excited to welcome Mr Humm chair Christine Christian: ‘Andrew Abercrombie convinced some shareholders to stick with him and vote against the deal on the basis that a higher offer would come from Latitude. Our special guest on this episode is rich-lister Andrew Abercrombie - Chair & Founding Director of Humm Group and Australia-based financial technology company FlexiGroup Ltd. With over 30 years of senior finance and treasury experience across multiple industries her skills will be invaluable to the Board and in her role as Chair of the. Investor Mr Abercrombie, who was already the largest shareholder and remains on the board of the company previously called FlexiGroup, has increased his holding in Humm to 22. During last year’s meeting, we signalled that the Group’s strategy was to focus and invest resources in areas that provided key organic growth Our special guest is rich-lister Andrew Abercrombie, Chair & Founding Director of Humm Group and revered businessman, investor & philanthropist. Drew Abercrombie Sales Floor Associate at Patagonia The battle between dissenting director Andrew Abercrombie and the rest of Humm Group’s board continues to wage ahead of next week’s shareholder vote on the sale of its consumer finance Explore the latest updates on HUM share price on ASX, along with current HUM stock news and charts, in-depth fundamental & technical analysis and dividend information on Kalkine Media. Born in Sydney in 1957, Andrew re-located to Melbourne The Humm Group Ltd (ASX: HUM) share price plunges amid resignation of most of the company’s board in the wake of a failed $250 million sale. Humm director Andrew Abercrombie has distanced himself from the majority directors’ decision to terminate a deal that would have seen its consumer finance arm sold to Mr Andrew Abercrombie has been appointed as Chair of the Board, following Ms Christian’s resignation. They operate in Australia, New Zealand, Ireland, Canada and the Learn about the role of Andrew Abercrombie, Founding Director, Non-Independent Non-Executive at Humm. Authorised for release by the . Grimshaw, who left BOQ in 2014 to take on a role at US-based pawn shop operator EZCorp, joined the board shortly after the turmoil. 3(c) o f the Constitution, and being eligible, and offering himself for re-election, is re-elected as a Director of humm group limited. Abercrombie, who is also the biggest shareholder in Humm with a 23 per cent stake, had openly campaigned against the sale, arguing it Dissenting director Andrew Abercrombie has stepped up his battle with the Humm Group board over the proposed sale of its buy now, pay later business to Latitude Financial, buying more than 5. Long. 0b grew by 8% on the prior year balance of $1. Following time abroad, he returned to Australia and became involved in ANDREW ABERCROMBIE On behalf of the Directors of FlexiGroup, I am pleased to be able to address you today following a year of solid performance. HUMMGROUP 2021 ANNUAL GENERAL MEETING // 18 NOVEMBER 2021 4. 01 | Committed to growing shareholder value. HUM shares have fallen by around 40 per cent over the past five days, pulling the company's market capitalisation down to around $183 million - a level below what the HCF sale would have been worth. Advertisement Mr Those following along with Humm Group Limited will no doubt be intrigued by the recent purchase of shares by Andrew Abercrombie, Independent Non-Executive Chairman of the company, who spent a Humm director Andrew Abercrombie has distanced himself from the majority directors’ decision to terminate a deal that would have seen its consumer finance arm sold to Latitude Financial, hinting Andrew Abercrombie founded Humm Group Ltd. I guess you could argue that Andrew Abercrombie who is blocking this is attached to the business he founded, but he's also been around the space for a long time. Down 35% year-to-date prior to the announcement, HUM jolted the market by revealing it received ‘approaches from third parties to acquire all or part of Humm’. 19A. CEO’S ADDRESS. 3 FY23 AGM // NOVEMBER 2023 View live HUMM GROUP LIMITED chart to track its stock's price action. 8 May 2023 . 5 Andrew Abercrombie, Humm’s founder and major shareholder, has campaigned against the sale. If he drums up support, Abercrombie foresees humm at the centre of a roll-up, potentially of tired, View drew abercrombie’s profile on LinkedIn, a professional community of 1 billion members. Latitude agreed to buy the consumer finance arm of Humm earlier this year, but founding shareholder Andrew Abercrombie, who controls more than 20 per cent of the stock and is on the board Humm Group Ltd. 30 June 2022 . -ENDS- Authorised for release by the Majority Directors. Credit: Craig Sillitoe/ Getty Images. 02 | Will balance returns and investment for growth . 3m in humm ‘Big things’ AU, was offset by losses in ‘Little things’ AU of $12. HUMM GROUP LIMITED (HUM) ISIN: AU000000FXL1: Date of Listing: 12 December 2006: Former Names: Company Name: Start Date: End Date: FLEXIGROUP LIMITED: Andrew Abercrombie: 207,933: $0. 63 % 56 M Australia's Humm Group said on Monday it had received takeover approaches that the buy now, pay later (BNPL) company plans on engaging further with, sending its shares soaring 16%. Subject to those same observations and qualifications, he intends voting The board split at Humm – previously FlexiGroup – has worsened after company chairman Christine Christian accused its largest investor, Andrew Abercrombie, of “stringing shareholders along View live HUMM GROUP LIMITED chart to track its stock's price action. Craig Sillitoe In Humm Group's case, its Top Key Executive, Andrew Abercrombie, is the largest shareholder, holding 36% of shares outstanding. announced plans to change its name to "humm," raise up to A$140 million in equity through an entitlement offer and launch a strategic review of its commercial and leasing business. With 6. He holds the title of Chairman at Humm Group Ltd. After almost five years leading humm, James is leaving to take up a new job opportunity in New Zealand, in order to be closer to family. including key executives, insider trading, ownership, revenue and average growth rates. Born in Sydney in 1957, Andrew re-located to Melbourne at an early age and before long, his entrepreneurial qualities were on display, establishing five paper rounds as a teenager before turning his hand to trading motorbikes, The Humm Group Ltd (ASX:HUM) share price is on fire on Monday following the release of an announcement. Abercrombie's current jobs include being a Director at Menzies Research Centre and a Director at The Florey Institute of ANDREW ABERCROMBIE It is my pleasure to present FlexiGroup’s results for the financial year 2017 and to provide an update on the progress of the investment and growth strategies as outlined at the 2016 Annual General Meeting. ACN 122 574 583. Humm Group Limited (HUM) is a diversified financial services company that provides instalment plans which enable businesses and consumers to make large purchases. Mr. "June 2020 saw the company onboard a record number of merchants to both instore and online. Ms Christian was appointed as a Non-Executive Director of the Company in Andrew Abercrombie founded Humm Group Ltd. Details. "That Mr Andrew Abercrombie, a Director of humm group limited who retires at the close of the AGM in accordance with Article 10. 3 million to increase his stake in Humm over the course of a week, increasing his stake in the Company to almost 23%. ASX:HUM Earnings and Revenue Growth November 13th 2023. Andrew Abercrombie, Chairman of hummgroup said: “On behalf of the Board I would like to sincerely thank Rebecca for her significant contribution Both Abercrombie, Humm’s renegade shareholder and former CEO and chairman, and company chairman Christine Christian declined to comment on Saville’s presence on the Humm register. Suk Hee Lee – Head of Investor Relations +61 433 Humm Group Limited (HUM) is a diversified financial services company that provides instalment plans which enable businesses and consumers to make large purchases. Redcape Property Group Acting for Redcape Property Group in relation to a shareholder activism campaign seeking a liquidity event for shareholders. 28 November 2024. 15 June 2022 . The proposed deal requires the support HUM shares have fallen by around 40 per cent over the past five days, pulling the company's market capitalisation down to around $183 million - a level below what the HCF sale would have been worth. 0%, it is still a big swing by our standards. Sign up Log in. ” The majority of Humm’s board had pushed to sell the consumer lending arm, warning it was not profitable. Stream this episode and discover all the new episodes from your favorite podcasts on Podbay, the best podcast player on the web. Andrew Abercrombie - Humm Group. As a result, hummgroup have announced that it has appointed Stuart Andrew Abercrombie (Age 56) Founding Director Non-Independent, Non–Executive BEc, LLB, MBA Experience Andrew became a Director of the original Flexirent business in 1991. Andrew Abercrombie Chairman Cash NPAT of $21. REBECCA JAMES . 9m, along with investment in the United Kingdom (“UK”) and Canada of $9. They operate in Australia, New Zealand, Ireland, Canada and the Andrew Abercrombie Chairman 26 September 2022 _____ HUMM GROUP LIMITED // ANNUAL REPORT 2022 3 CHIEF EXECUTIVE’S REPORT Dear Shareholders What hummgroup is known for, and what we have a history of, is financing bigger ticket items for consumers and SMEs. and Chief Executive Officer at Flexirent Capital Pty Ltd. hummgroup Board of Directors . humm group limited (ASX: HUM) attaches its 2021 Annual Report. Our data suggests that Andrew Abercrombie, who is also the company's Top Key Executive, holds the Mr Abercrombie, Humm’s largest shareholder with 23 per cent of its listed equ ity, had been the lone voice on the board instructing shareholders to wait for a better offer, saying the deal which is designed to provide shareholders with a clear and concise overview of hummgroup’s operations and financial position of the Group. Craig Sillitoe. Andrew Abercrombie, Humm’s founder and major shareholder, has campaigned against the sale. Humm has revealed a massive drop in performance of its BNPL business as Andrew Abercrombie continues his fight to stop its sale to Latitude. Humm Group is not owned by hedge funds. Non-Executive Director. In an ASX announcement released today, the majority of directors said they could not remain on the board with Humm founder and shareholder Andrew Abercrombie, who believed the deal was undervalued. New Zealand Cards, Australia Cards, and Commercial. 2 FY23 AGM // NOVEMBER 2023 WELCOME. 5 per cent. The Company’s products include asset finance, credit cards, Point of sale Payment Plans Andrew Abercrombie It was a big U-turn for Humm, which until Wednesday was extolling virtues of the deal to its shareholders amid fiery opposition from its founder, director and shareholder Andrew Abercrombie. oversee the end-to-end digital delivery of . No recommendation, offer, invitation or advice . Believing the deal undervalues HCF, he has ANNUAL GENERAL MEETING Andrew Abercrombie | Chairman Stuart Grimshaw | CEO 16 November 2023 Authorised for release by the humm group Board of Directors humm Group Limited, ACN 122 574 583 Level 1, 121 Harrington Street, The Rocks, Sydney NSW 2000 2 FY23 AGM // NOVEMBER 2023 WELCOME 3 FY23 AGM // NOVEMBER 2023 CHAIRMAN’S Mr Abercrombie, Humm’s largest shareholder with 23 per cent of its listed equ ity, had been the lone voice on the board instructing shareholders to wait for a better offer, saying the deal This Corporate Governance Statement sets out details of humm group limited’s (ABN 75 122 574 583) (“the Andrew Abercrombie Member Part Reporting Period . That Mr Andrew Abercrombie, a Director of humm Group Limited who retires at the close of the AGM in accordance with Article 10. 0b was up 14% on the prior year (FY22: $3. Andrew Wylie leads exodus on Humm board after rift with Andrew Abercrombie. Find market predictions, HUM financials and market news. Appointment of Non-Executive Director . 92. Born in Sydney in 1957, Andrew re-located to Melbourne at an early age and before long, his entrepreneurial qualities were on display, establishing five paper rounds as a teenager before turning his hand to trading motorbikes, Andrew Abercrombie Chairman 24 August 2023 _____ HUMM GROUP LIMITED // ANNUAL REPORT 2023 3 CHIEF EXECUTIVE’S REPORT business is taking to growing its core business in larger Dear Shareholders I joined the Board of hummgroup a little over a year ago as a Non-Executive Director and it is now my pleasure to write to you for the first time as Chief Executive humm group limited ASX: HUM ACN 122 574 583 Level 1, 121 Harrington St, The Rocks, NSW 2000 Tel. Investor Relations Contact Media Contact . (founded in 1991). Explore humm group's organizational chart. Humm was open to offers. Many investors likely remember this company as a BNPL stock. humm ® group HUMM GROUP IS REVOLUTIONISING THE WAY PEOPLE PAY hummgroup is a diversified non-bank financial services institution offering business financing products, credit cards, and point-of-sale finance plans Profits blowout at Humm consumer lending business. Humm founding director and shareholder Andrew Abercrombie has been a dissenting voice on the board. " Resolution 2: Adoption of Remuneration Report Uncover the latest insider trading activity for Humm Group Limited (HUM). Andrew Abercrombie. Australia-based financial technology company FlexiGroup Ltd. humm. This presentation contains general information about . Humm founder, chair, and largest shareholder Andrew Abercrombie has once again upped his stake in the All Ords company He now holds more than 23% of the company's outstanding shares after snapping Key Insights Humm Group's significant retail investors ownership suggests that the key decisions its Top Key Executive, Andrew Abercrombie, is the largest shareholder, holding 27% of shares . humm Group Limited, ACN 122 574 583. Anthony The bitter public fight for control of the humm buy now pay later business deepened on Wednesday with “ostracized” board director Andrew Abercrombie revealing he was continuing to build his shareholding in the company. 65% in the last 12 months. 1m. 5b), a result of the disciplined approach the humm Group Limited is an Australia-based diversified non-bank financial services company providing lending, Andrew Abercrombie 26. 58 years. Abercrombie is also on the board of Menzies Research Centre and The Andrew Abercrombie - Humm Group. Humm Group Ltd (ASX: HUM) is a diversified finance provider offering buy now pay later (BNPL) Andrew Abercrombie: Issued: 1,974,205: $967,360: Dividend Reinvestment Plan (DRP). Credit: Craig Sillitoe Humm was previously known as Flexigroup, which has provided instalment loans to customers for more than a decade. A popular buy now, pay later service has fallen afoul of the powerful finance watchdog amid internal upheaval. 4039 Australian dollars) Humm’s founder and former chairman Andrew Abercrombie has been attempting to block the sale, urging investors not to approve the transaction in a vote on June 23 and recently increasing his development_ready on April 13, 2023: "Rich-lister Andrew Abercrombie, Founder of Humm Group, reflects on the importance of people & culture. txhxhqaxpsmzzwtvqkmsxqnhkllboclqynmniugnopoloxayatzlaxk