Jul 2016 Financial News

Republic Financial Holdings Limited - Additional Shareholding acquired in Republic Bank (Grenada) Limited

Jul 01, 2016

NOTICE PURSUANT TO SECTION 64(1) (b) OF THE SECURITIES ACT 2012
Additional shareholding acquired in Republic Bank (Grenada) Limited

Further to the Notice published in two (2) daily newspapers on May 5, 2016, Republic Financial Holdings Limited (RFHL) advises that the Offer Period to acquire the remaining shareholding in Republic Bank (Grenada) Limited (RBGL) officially closed on June 24, 2016.

RFHL has acquired an additional two hundred and eighty-five thousand and forty-two (285,042) shares at a price of EC$45.00 per share.

RFHL’s shareholding in RBGL has increased by nineteen per cent (19%) and its total shareholding now stands at seventy (70%).

Jacqueline Quamina
Corporate Secretary/General Counsel
July 1, 2016

Visit us on republicfinancialholdings.com or email us at info@republicfinancialholdings.com

Source:
The Trinidad and Tobago Stock Exchange Limited
Friday July 1, 2016