Announcement • Feb 28
Humanforce Holdings Pty Ltd completed the acquisition of 19.99% stake in LiveHire Limited (ASX:LVH) from a group of shareholders. Humanforce Holdings Pty Ltd entered into share purchase agreement to acquire 19.99% stake in LiveHire Limited (ASX:LVH) from a group of shareholders for AUD 3.3 million on August 14, 2024. Humanforce Holdings has entered into multiple SPAs with Christy Forest, Cornelis (Cris) Fernand Buningh, Henry Ludski, Andrew Rutherford, Shorebrook Pty Ltd., Tosh Cook, RAC & JD Brice Superannuation Pty Ltd and UBS Nominees Pty Ltd for a total stake of 19.99% stake. Humanforce will pay AUD 0.045 per share for 73,882,619 Shares. Completion under Share Purchase Agreement is conditional on Humanforce entering into the Bid Implementation Agreement and announcing the Offer. Johnson Winter Slattery is acting as legal adviser to LiveHire.DLA Piper is acting as legal adviser to Humanforce in relation to the Offer.
Humanforce Holdings Pty Ltd completed the acquisition of 19.99% stake in LiveHire Limited (ASX:LVH) from a group of shareholders on February 27, 2025. Board Change • Feb 27
No independent directors There are 3 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). CEO & Director Clayton Pyne is the most experienced director on the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors. Board Change • Feb 04
No independent directors There are 3 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). CEO & Director Clayton Pyne is the most experienced director on the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors.