Aug 2024 Financial News

Angostura Holdings Limited - Market Notice

Aug 23, 2024

ANGOSTURA HOLDINGS LIMITED
MATERIAL CHANGE DISCLOSURE

Pursuant to Section 64 (1)(b) of the Securities Act, 2012 and Pursuant to Rule 603 of the Trinidad and Tobago Stock Exchange Rules

As Angostura intensifies its international expansion efforts and prepares to launch its newly styled Premium Rum Range in the global market, the Chief Executive Officer (CEO), Mr. Laurent Schun, with the approval of the Board of Directors, will operate primarily from Miami, Florida, U.S.A. This strategy, which commences on August 26, 2024, will enable the CEO to place increased focus on key international business development initiatives.

Given this strategic arrangement for global expansion, the following Executives will support the CEO in managing the local business operations with effect from August 26, 2024 (until further notice):

i. Mr. Ian Forbes – Chief Operating Officer;
ii. Mr. Rahim Mohammed – Executive Manager – Business Efficiency and Shared Services; and
iii. Mrs. Kathryna Baptiste Assee – Group General Counsel/Corporate Secretary.

 

Source:
The Trinidad and Tobago Stock Exchange Limited
Friday 23rd August, 2024