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Financial News

Jul 2006 Financial News

Mouttet Capital sells over 3 million AGL shares to Home Construction Limited

Jul 17, 2006

On July 5, 2006, Mouttet Capital Limited sold 3,322,391 shares held in Agostini’s Limited (AGL) to Home Construction Limited (HCL), a CL Financial Subsidiary. HCL also acquired an additional 167,639 shares from other parties on the same day. This information was released on Friday by AGL’s Company Secretary, Lisa Mackenzie.

As at November 18, 2005, CL Financial held 5,958,488 shares in AGL which represented a shareholding of approximately 22 per cent. The recent trades however have increased CL’s stake to approximately 35 per cent. Other substantial shareholders in AGL include Universal Investments Ltd/Proteus Ltd, G.M. Agostini and R.A. Bernard.

The disclosure of the increase was made in accordance with Section 66 (3) of the Securities Industry Act, 1995.

Source: The Trinidad Guardian
Monday, July 17, 2006

Sreshtha Tewari
WISE Research Team
July 17, 2006.