Aug 2018 Financial News

Trinidad Cement Limited - Notice of TCL Guyana Share Purchase

Aug 15, 2018

Trinidad Cement Limited (“TCL”) (TTSE: TCL) announced that, on August 10, 2018, it entered into the following agreements (the “Transactions”):

• a share sale and purchase agreement with Toolsie Persaud Limited to purchase 200 ordinary shares representing ten percent of the issued and allotted share capital in TCL Guyana Limited (“TCL Guyana”) and
• a share sale and purchase agreement with Anral Investments Limited to purchase 200 ordinary shares representing ten percent of the issued and allotted share capital in TCL Guyana.

Before completion of the Transactions, TCL had an indirect participation of eighty percent in TCL Guyana. After having completed the Transactions, TCL is the sole direct and indirect owner of TCL Guyana.

Source:
The Trinidad and Tobago Stock Exchange Limited
Wednesday August 15, 2018