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 5.2 million shares.
In a statement to the ASX late on Monday, Mr Abercrombie revealed he had bought another 2,662,028 shares for $2,065,591, adding to his existing 100 million shares, which represents about 20.5 per cent of Humm.
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Ayesha de Kretser is a senior reporter with The Australian Financial Review covering the aviation and tourism sectors. She has previously reported on banking, mining and commodity markets. Connect with Ayesha on Twitter. Email Ayesha at ayesha.dekretser@afr.com.au
