Jun 2025 Financial News

Agostini Limited - Notice of Offer and Take Over Bid

Jun 17, 2025

Notice of Material Change to Shareholders

The Board of Directors of Agostini Limited wishes to advise that approval has been granted for an Offer and Take Over bid to be issued to the Shareholders of Prestige Holdings Limited ( PHL”) for the acquisition of 100% of PHL’s issued and outstanding shares, via a share swap of 4.8 PHL Shares in exchange for 1.0 Agostini Share. Consequently, a Special Meeting of the Shareholders of Agostini Limited is scheduled for July 9, 2025, to grant all necessary shareholder approvals.

The Offer and Take Over Bid is valid from June 17, for a period of thirty-five (35) days and expires on July 21, 2025. A further announcement will be made to advise on the outcome of the Offer and Take Over Bid.

This Offer and Take Over Bid is made pursuant to the Securities Industry (Take Over) By Laws 2005, issued by the Trinidad and Tobago Securities and Exchange Commission ("TTSEC").

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

 

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