Apr 2008 Financial News

RBTT - NOTICE TO PARTIES HOLDING LIENS ON SHARES OF RBTT FINANCIAL HOLDINGS LIMITED

Apr 22, 2008

NOTICE
TO PARTIES HOLDING LIENS ON SHARES OF RBTT FINANCIAL HOLDINGS LIMITED


By Special Resolution passed at a Special Meeting of shareholders of RBTT Financial Holdings Limited (the Company) held on March 26, 2008, the requisite majority of votes were cast in favour of an amalgamation of the Company with RBC Holdings (Trinidad & Tobago) Limited (RBC Holdings).

Consequent upon the amalgamation of the Company and RBC Holdings, shareholders of the Company (other than those who have validly exercised dissent rights under the Companies Act) are entitled to receive the per share consideration as more fully described in the Directors’ Circular dated February 8, 2008 (the Consideration).

In order to receive the Consideration to which they may be entitled, Financial Institutions and other parties holding Liens over the Company’s shares are requested to submit such information as detailed hereunder in respect of each Lien:

i. Name and address of shareholder,
ii. Number of shares in the Company covered by the Lien;
iii. Evidence of the Lien.

For the purpose of this Notice and related transactions, a Lien is defined as (i) any mortgage, charge, pledge, hypothec, security interest, assignment, lien (statutory or otherwise), easement, title retention agreement or arrangement, conditional sale, deemed or statutory trust, restrictive covenant or other encumbrance of any nature, or (ii) any other arrangement or condition which, in substance, secures payment or performance of an obligation.

This information should be sent no later than 29 April, 2008 to:

The Escrow Agent
RBTT Trust Limited
Albion Plaza
22-24 Victoria Avenue
Port of Spain


Source:
Trinidad Guardian, Page 61
Tuesday April 22, 2008