Jun 2017 Financial News

Readymix (West Indies) Limited - TCL's Withdrawal of Option to Compulsorily Acquire of RML's Outstanding Shares

Jun 29, 2017

WITHDRAWAL BY TRINIDAD CEMENT LIMITED OF THE OPTION FOR COMPULSORY ACQUISITION OF THE OUTSTANDING SHARES IN READYMIX (WEST INDIES) LIMITED

Subsequent to its Notice published on June 2, 2017, Readymix (West Indies) Limited (“Readymix”) wishes to advise that on June 22, 2017, the following information was received from Trinidad Cement Limited (“TCL”):-

• TCL will no longer be seeking to compulsorily acquire all outstanding shares in Readymix under Section 202 of the Companies Act, Chapter 81:01.
• A statement advising of the above withdrawal is to be mailed by TCL to all Readymix Shareholders on June 23, 2017, setting out relevant information.

This Notice is issued pursuant to Section 64(1)(b) of the Securities Act, 2012.

Source:
The Trinidad and Tobago Stock Exchange Limited
Thursday June 29, 2017