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Updated: 29-01-2025 - 12:00PM   3 4 CLOSED

Financial News

Jan 2025 Financial News

Guardian Holdings Limited - Notice of Completion of Sale and Purchase Agreement

Jan 29, 2025

Notice to Shareholders
COMPLETION OF THE SALE OF THOMA EXPLOITATIE B.V.


Guardian Holdings Limited (“GHL”) previously advised that on 19th November, 2024 its Board of Directors approved the execution of a Sale and Purchase Agreement with PIB Group Limited for the divestment of 100 percent of the shares of Thoma Exploitatie B.V. We are further pleased to report that the transaction was successfully concluded on 24th January, 2025.

This sale will result in a gain being reflected in GHL’s consolidated financial results in the first quarter, aligning with our commitment to deliver value to our Shareholders. This Notice is published pursuant to Section 64(1) (b) of the Securities Act 2012.


Source:
The Trinidad and Tobago Stock Exchange Limited
Wednesday 29th January, 2025