APM Human Services International voluntary suspension request

APM Human Services International Limited (ASX: $APM) has requested the immediate suspension of trading in its securities listed on the ASX. The request comes in light of the company's receipt of a letter from CVC advising that they are unable to proceed to finalize a transaction on terms consistent with their non-binding offer as disclosed to the ASX on 28 February 2024. The company has received approaches from other parties to assess the potential for a transaction, leading to the decision for a voluntary suspension to manage its continuous disclosure obligations and allow trading its securities on an informed basis.

Executive Commentary on Voluntary Suspension Request

The Company requests the immediate suspension of trading in its securities listed on the ASX due to the need to manage continuous disclosure obligations and to allow trading its securities on an informed basis. This decision comes after the company's receipt of a letter from CVC advising that they are unable to proceed to finalize a transaction on terms consistent with their non-binding offer as disclosed to the ASX on 28 February 2024. The company has received approaches from other parties to assess the potential for a transaction, leading to the decision for a voluntary suspension.

Summary of APM's Voluntary Suspension Request

APM Human Services International Limited (ASX: $APM) has requested a voluntary suspension of trading in its securities listed on the ASX. This request follows the company's receipt of a letter from CVC advising that they are unable to proceed to finalize a transaction on terms consistent with their non-binding offer as disclosed to the ASX on 28 February 2024. The company has received approaches from other parties to assess the potential for a transaction, leading to the decision for a voluntary suspension to manage its continuous disclosure obligations and allow trading its securities on an informed basis. The voluntary suspension will continue until the earlier of APM releasing an update to the market regarding a transaction, or the commencement of trading on Friday 5 April 2024.