News: APZ Aspen says won't be proceeding with MHC proposal

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    May 9 (Reuters) - Aspen Group Ltd (APZ) :

    • Says Aspen Group will not be proceeding with the mhc proposal
    • Says refers to its announcement updating the status of the unsolicited proposal from mill hill capital
    • Says Aspen will now initiate its previously announced on-market buyback of up to 10% of its securities on issue
    • Says provided distribution guidance for 2h FY 2016 of 4.6 cents per security
 
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