HUM humm group limited

Ann: Shareholders to vote on Humm Consumer Finance transaction, page-9

  1. 295 Posts.
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    that almost makes no sense. All the press releases up until this one say the proposal/scheme is dependent upon shareholder approval. So it this a particularly badly written PR? Why would the courts demand a booklet be sent and a vote? Surely this is not a popularity contest? The cost of doing this if they don't need shareholder approval would be a terrible waste of time and money.
 
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