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Financial News

May 2018 Financial News

Ansa McAL Limited - Notice of 100% ownership of Berger Paints Trinidad Limited

May 15, 2018

Further to a Notice published on May 9, 2018, ANSA McAL Limited hereby advises that as of May 10, 2018 and pursuant to the Notice of Compulsory Acquisition dated February 20, 2018 issued to shareholders of Berger Paints Trinidad Limited (BPTL) in accordance with section 202 of the Companies Act, Chap 81:01, it now holds 100% beneficial ownership of the issued and outstanding shares of BPTL, through its wholly owned subsidiaries.


We confirm that BPTL and Trinidad and Tobago Central Depositary Limited are holding monies in trust for the benefit of shareholders who are yet to tender their shares in BPTL. Shareholders are required to tender their shares for payment either by mail or personally to the following address:

The Corporate Secretary
Berger Paints Trinidad Limited
c/o ANSA McAL Limited
11th Floor, TATIL Building
11 Maraval Road, Port of Spain.


Source:
The Trinidad and Tobago Stock Exchange Limited
Tuesday May, 15 2018