Well I think this announcement needs to be read in conjunction with the Atkins announcement.
I suspect that EVM is clearing the HOA and the 250K off the books. If it is cleared from their books then The ASX has one less obstacle in place to block a re-list request. EVM can alway go back to Apollo and reinstate the HOA down the track and with renewed terms (as they have directed in the announcement).
With the Atkins agreement now in place perhaps Atkins are directing EVM on how to facilitate finance, strategic planning (or just about anything else atkins advises on) and dissolving the HOA and doing a MOU is one step in getting that done. As EVM state they will advise the details of the MOU soon.
Good news - just hopefully there is a re-list announcement soon. Just curious if a re-list does occur, does it just happen or do they announce that the stock will re-list on a certain date? I need to be ready for it!!