Overview of LiveHire's eighth supplementary target's statement

LiveHire Ltd (ASX:LVH) has released its eighth supplementary target's statement in response to the on-market takeover bid by Humanforce Holdings Pty Ltd. The statement includes significant board changes following Humanforce's acquisition of over 50% voting power in LiveHire.

Executive commentary on board changes and takeover bid

On behalf of everyone at LiveHire, I would like to thank Christy, Henry and Cris for all their positive contributions as Directors and look forward to working with incoming Directors David, Joe and Clayton. The Independent LiveHire Director continues to recommend that LiveHire Shareholders ACCEPT the Offer made by Humanforce in the absence of a superior proposal and sell their LiveHire Shares to Humanforce on-market before the Offer closes on 11 October 2024.

Summary of LiveHire's eighth supplementary target's statement

LiveHire's eighth supplementary target's statement outlines the significant board changes resulting from Humanforce's acquisition of over 50% voting power. The statement also emphasizes the recommendation for LiveHire Shareholders to accept the Offer made by Humanforce before the Offer closes on 11 October 2024. The Independent LiveHire Director highlights the compelling premium offered by the Offer price and the important liquidity opportunity it provides for LiveHire Shareholders. LiveHire Shareholders are encouraged to read the full statement for further details and are advised to seek professional advice if in doubt about the Offer.