Comvita has responded to media reports claiming that founder Alan Bougen is representing a syndicate of shareholders with the ability to veto the scheme vote and support a funding proposal.

The company clarified that it has not received any information or a funding proposal from Bougen or the group he claims to represent.

Comvita said any competing proposal would be assessed in accordance with the scheme implementation agreement signed with Florenz.

The board reiterated its unanimous recommendation for shareholders to vote in favour of the scheme, in the absence of a superior proposal.

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