Jun 2026 Financial News

Prestige Holdings Limited - Notice of Closure of Offer and Take Over Bid by Agostini Limited

Jun 26, 2026

Notice to the Shareholders ofPrestige Holdings Limited

CLOSURE OF OFFER AND TAKE OVER BID

Pursuant to Section 64(1)(b) of the Trinidad and Tobago Securities Act, 2012

Prestige Holdings Limited (PHL) advises that on June 23, 2026, Agostini Limited (AGL) announced that the Offer and Take Over Bid issued on June 17, 2025 to the shareholders of PHL for the acquisition of 100% of PHL’s issued and outstanding shares via a share swap of 4.8 PHL shares in exchange for 1.0 AGL share, has formally closed in accordance with its terms.

Completion of the Bid and settlement of consideration to PHL shareholders who accepted the Bid, including the exchange of PHL shares for AGL shares, is expected to take place within ten (10) days following the close of the Bid, in accordance with its terms.

Based on the number of shares validly tendered, AGL will be considered to have obtained a controlling shareholding in PHL upon completion of the settlement and share exchange.


Source:
The Trinidad and Tobago Stock Exchange Limited
Friday 26 June 2026