Jun 2025 Financial News

Agostini Limited - Notice of Availability of Bid Circular and Notice of Offer

Jun 17, 2025

Notice to the Shareholders of Prestige Holdings Limited
OFFER AND TAKE OVER BID BY AGOSTINI LIMITED( AGL”) FOR PRESTIGE HOLDINGS LIMITED ( PHL”)

Pursuant to the Securities Industry (Take Over) By Laws 2005, issued by the Trinidad and Tobago Securities and Exchange Commission ("TTSEC").

AGL wishes to make an offer to the Shareholders of PHL to acquire 100% of PHLs issued and outstanding shares, via a share swap of 4.8 PHL Shares in exchange for 1.0 Agostini Share.

This offer is subject to the terms and conditions set out in an Offer and Take-Over Bid Circular dated the 17th day of June, 2025 ("Bid Circular) issued by AGL via a Bid Circular to PHL Shareholders that can be accessed online as follows:

1. https://agostinilimited.com/phloffer/
2. https://www.firstcitizensgroup.com/tt

A hard copy of the Bid Circular can be accessed at the Head Office of AGL located at #18 Victoria Avenue, Port of Spain. PHL Shareholders have unlimited access to the Bid Circular and should contact their Stockbroker for further information on the process for accepting this offer.

This offer would open on June 17th 2025 and remains valid for a period of Thirty-Five (35) days and expires on July 21st, 2025.

 

Source:
The Trinidad and Tobago Stock Exchange Limited
Tuesday 17th June 2025