Jun 2025 Financial News

NCB Financial Group Limited - Notice of Planned Increase Stake in Clarien Group Limited

Jun 11, 2025

NCB Financial Group Limited (“NCBFG”) advises that pursuant to terms of an existing agreement between NCBFG and private equity funds (in which two of our directors have an interest) holding shares in Clarien Group Limited (“CGL”), NCBFG is expecting to acquire from the private equity funds an additional 17.92% stake in CGL (which would increase NCBFG’s stake to 68.02% of CGL’s voting shares). The timing of the transaction is to be confirmed but, when it occurs, it is not expected to have a material impact on NCBFG’s financial performance.


Source:
The Trinidad and Tobago Stock Exchange Limited
Wednesday 11th June 2025