March 28 (Reuters) - Humanforce Holdings: WILL VOTE ITS 19.9%...

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    March 28 (Reuters) - Humanforce Holdings:

    • WILL VOTE ITS 19.9% OF INTELLIHR SHARES AGAINST THE ACCESS GROUP SCHEME AT AN OFFER PRICE OF A$0.22 PER INTELLIHR SHARE
    • HIGHLY UNLIKELY THAT CONSIDERATION PAID IN TAG BID WILL BE INCREASED TO A$0.215 PER INTELLIHR SHARE
    • HIGHLY LIKELY THAT TAG SCHEME WILL FAIL; UNLIKELY TO ACHIEVE 75% ACCEPTANCES
    • WILL ALSO NOT ACCEPT ITS 19.9% OF INTELLIHR SHARES INTO TAG BID AT A$0.21 OR A$0.215
    • ITS ALL CASH CONSIDERATION OF A$0.195 PER INTELLIHR SHARE PROVIDES A "COMPELLING OPPORTUNITY" FOR INTELLIHR SHAREHOLDERS
    • "NO CONDITIONS" TO RECEIVING A$0.195 PER INTELLIHR SHARE FROM BIDDER
    • ENCOURAGES INTELLIHR SHAREHOLDERS SELL INTELLIHR SHARES TO BIDDER ON MARKET NOW
 
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