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Financial News

Nov 2019 Financial News

Sagicor Financial Corporation Limited - Notice of Record Date

Nov 26, 2019

Notice is hereby given that, in connection with closing of the scheme of Arrangement effected by way of Section 99 of the Companies Act 1981 of Bermuda (the Scheme) involving the transfer of all the issued and outstanding shares in Sagicor Financial Corporation Limited (the Company) to Alignvest Acquisition II Corporation (AQY) in exchange for Company shareholder and depositary interest holders (Shareholders) receiving either cash or shares of AQY (the Scheme Consideration), the Directors of the Company (the Company Register) to start on December 4, 2019 (the Closing Record Date) and end on December 17, 2019 (inclusive) for the purpose of determining the Shareholders entitled to receive the Scheme Consideration.

The Scheme is schedule to be completed on or before December 6, 2019 (the date of such completion, the Effective Date). Legal transfer of all shares of Sagicor held by Shareholders will occur on and as of the Effective Date.

See below for futher details.

 

 

Source:
The Trinidad and Tobago Stock Exchange Limited
Tuesday 26th November, 2019

 


Click for more details on Record Date Notice