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Financial News

Feb 2019 Financial News

Sagicor Financial Corporation Limited - Notice to Shareholders - Order to Convene a Special Meeting

Feb 06, 2019

Notice is hereby given that the Directors of Sagicor Financial Corporation Limited (Sagicor of the Company) have obtained an Order by the Supreme Court of Bermuda (the Court) on February 1, 2019 permitting Sagicor to convene a Special Meeting of its Shareholders (the Shareholders Meeting) for the purpose of considering, and if thought fit, approving with any modification thereof or addition thereto or condition approved or imposed by the Court, a scheme of arrangement (Scheme of Arrangement) between Sagicor and its Shareholders under Section 99 of the Companies Act 1981 relating to a proposed business combination between Sagicor and Alignvest Acquisition II Corporation. No less than twenty-one (21) clear days before the day appointed for the Shareholders Meeting and a statement explaining the Scheme of Arrangement to Shareholders of record as of January 31, 2019.

The proposed transaction is subject to certain conditions, including (without limitation) approval by the Company’s shareholders, a sanction by order of the Court and regulatory approvals.

 

Source:
The Trinidad and Tobago Stock Exchange Limited
Wednesday 06 February, 2019