Jul 2025 Financial News

Guardian Holdings Limited - Notice of Acquisition of NCB Insurance Agency and Fund Management Limited

Jul 15, 2025

Notice to Shareholders

ACQUISITION OF NCB INSURANCE AGENCY & FUND MANAGERS LIMITED PENSION FUND INVESTMENT MANAGEMENT AND ADMINISTRATION PORTFOLIO BY GUARDIAN LIFE LIMITED

Guardian Holdings Limited wishes to advise that on 11th July, 2025, its Board of Directors approved a strategic initiative involving the acquisition of NCB Insurance Agency & Fund Management Limited’s pension fund management portfolio by Guardian Life Limited (GLL), its Life, Health and Pension business based in Jamaica.

This transaction is expected to deliver strategic and financial value to GLL and by extension the Group, strengthen market position and grow Shareholder value in the medium to long term.

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


Source:
The Trinidad and Tobago Stock Exchange Limited
Tuesday 15th July 2025