Jun 2025 Financial News

Prestige Holdings Limited - Notice of Takeover Bid and Offer

Jun 23, 2025

NOTICE TO SHAREHOLDERS

Prestige Holdings Limited (PHL) hereby advises that, Agostini Limited (AGL) has made an Offer to purchase all the issued and outstanding shares of PHL, and all options and rights attached thereto.

It is proposed that the acquisition of the shares by AGL be effected through the issuing of AGL shares to the shareholders of PHL, whereby the shareholders of PHL will receive 1 AGL share in exchange for every 4.8 PHL shares. No fractional shares will be issued and in the event that the share exchange results in a shareholder being entitled to fractional shares any monies due will be paid in cash by AGL.

The Offer is effective from June 17, 2025 until July 21, 2025.

 

Source:
The Trinidad and Tobago Stock Exchange Limited
Monday 23rd June 2025