May 2018 Financial News

Republic Financial Holdings Limited - Market Notice _ Transfer of Shares

May 11, 2018

Republic Financial Holdings Limited (RFHL) advised that prior to 1^st May , 2018, CLICO Investment Bank Limited (In Compulsory Liquidation) (CIB-ICL) owned, beneficially owned or was entitled to 42,475,362 RFHL shares in its name, the name of its subsidiaries in addition to those held by the Deposit Insurance Corporation (as liquidator for and on behalf of CIB-ICL).

RFHL further advised that pursuant to a dividend distribution supported by an order of the court dated January 25^th, 2018, CIB-ICL through its participant executed various put throughs of a total of 42,475,362 RFHL shares to the following:

1. The Government of the Republic of Trinidad and Tobago
2. The National Gas Company of Trinidad and Tobago
3. La Brea Industrial Development Company Limited
4. National Enterprises Limited
5. National Energy Corporation of Trinidad and Tobago
6. Colonial Life Insurance Company (Trinidad) limited

The above has resulted in the transfer of all CIB-ICL’s ownership, interest and rights to the 42,475,362 shares.


Source:
The Trinidad and Tobago Stock Exchange Limited
Friday May, 11 2018