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Financial News

May 2021 Financial News

Guardian Holdings Limited - Invitation by Prospectus by NCB Global Holdings Limited Inviting Offers for the Purchase of Shares

May 19, 2021

The Trinidad and Tobago Stock Exchange (TTSE) received notice from GHL advising that further to GHL's cross-listing of its shares on the Jamaica Stock Exchange (JSE) effective May 05th 2021, NCB Global Holdings Limited (as "Selling Shareholder"), a substantial shareholder of GHL, issued a Prospectus on May 17th 2021 to the Jamaican market inviting offers for the purchase of 2,000,000 Ordinary Shares in the Company at the price of JMD $795.00 per share.

In light of this, GHL further advised that the transaction will open on May 31st 2021 ("opening date") and close on June 11th 2021 ("closing date"), subject to the sale of a minimum of 1,500,000 shares. Allocations are expected to be determined within 21 days of the closing date.

GHL further noted that the Prospectus is issued by the Selling Shareholders to the public in Jamaica only and is not to be construed as making an invitation or offer to persons outside of Jamaica to purchase any shares or other securities.

 

 Source:
The Trinidad and Tobago Stock Exchange Limited
Wednesday 19th May 2021