Nov 2024 Financial News

Guardian Holdings Limited - Notice of Execution of a Sale and Purchase Agreement

Nov 21, 2024

Notice to Shareholders

EXECUTION OF A SALE AND PURCHASE AGREEMENT

Guardian Holdings Limited (“GHL”) wishes to advise that on 19th November, 2024, its Board of Directors approved the execution of a Sale and Purchase Agreement (“SPA”) with PIB Group Limited (“PIB Group”) for the sale of 100 percent of the shares of Thoma Exploitatie B.V. (“Thoma Group”). Thoma Group is Guardian Group Fatum’s Insurance Brokerage business in the Netherlands and the transaction, which was effected through a closed sale process, aligns with the Company’s strategic priorities to maximise shareholder value.

This Notice is published pursuant to Section 64(1) (b) of the Securities Act 2012.


Source:
The Trinidad and Tobago Stock Exchange Limited
Thursday 21st November, 2024