AFG 2.68% $1.64 australian finance group ltd

ahug, page-5

  1. 40 Posts.
    included is a reply from Allco Finance re the state of play with AHUG and the pending sale.
    Thank you for your email.



    In relation to your specific questions I can advise the following:

    § There are a number of conditions precedent that need to be satisfied for the sale of the Alleasing business to conclude, including the hybrid holder vote and CHAMP securing funding.

    § The Explanatory Memorandum and Notice of Meeting is expected to be mailed tomorrow (and lodged with the ASX) and will detail all the conditions precedent

    § The aim is, subject to the satisfaction of the conditions precedent, to have the sale completed by the end of November.



    Regards

    Chris

    Christine Bowen

    Director - External Relations

 
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