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Financial News

Jun 2019 Financial News

GHL - Notice of Successful Completion of the Acquisition by NBC Global Holdings of a Controlling Interest GHL

Jun 12, 2019

Guardian Holdings Limited (GHL) hereby gives formal notice to shareholders that on May 13, 2019, NCB Financial Group Limited (NCBFG) and its wholly owned subsidiary NCB Global Holdings Limited (NCBGH) announced the completion of the acquisition of 74,230,750 ordinary shares in GHL, following the granting of all necessary regulatory approvals, including those of two competent authorities in Jamaica and Trinidad & Tobago, and the closing of NCBGH’s take-over bid on May 3, 2019. The shares were take-up and paid for by NCBGH on May 13, 2019.

 

As a consequence of the above, NCBGH now owns 61.97% of the outstanding shares in GHL.

Source:
The Trinidad and Tobago Stock Exchange Limited
Wednesday 12th June, 2019