Nov 2025 Financial News

Prestige Holdings Limited - Notice of Fifth Extension of Closing of Takeover Bid and Offer

Nov 24, 2025

Notice to the Shareholders of Prestige Holdings Limited (PHL)
NOTICE OF FIFTH EXTENSION OF CLOSING DATE

IN RESPECT OF THE OFFER BY AGOSTINI LIMITED (AGL) TO ACQUIRE ALL ISSUED AND OUTSTANDING 62,513,002 COMMON SHARES IN PHL VIA A SHARE SWAP OF 4.8 COMPANY SHARES IN EXCHANGE FOR 1.0 OFFEROR SHARE

Pursuant to the Securities Industry (Take Over) By Laws 2005, issued by the Trinidad & Tobago Securities and Exchange Commission (“TTSEC”), PHL advises that Agostini Limited (the Offeror), has elected to further extend the Closing Date of the offer from November 18, 2025 to January 20, 2026.

The Offer will, therefore, remain open for acceptance until, but not later than, the 20th day of January 2026 at 4:00PM (the Fifth Extended Closing Date).

With exception to the Fifth Extended Closing Date, there have been no changes to the terms and conditions of the Offer and, as such, those terms and conditions previously set forth in the Directors’ Circular dated July 4, 2025, the Errata dated July 17, 2025 and Amended Errata Document dated July 22, 2025 continue to be applicable in all respects.

PHL reminds the Shareholders that the Directors' Circular, Errata and Amended Errata can be accessed online at the following link:

https://www.phl-tt.com/agostinioffer

PHL Shareholders have unlimited access to the Directors’ Circular, Errata and Amended Errata issued thereto and should contact their Stockbroker for further information on the process for accepting this offer.

A hard copy of the Directors’ Circular, Errata and Amended Errata issued thereto can also be accessed at the following location:
Head office of PHL located at #47−49 Sackville Street, Port of Spain.

 

Source:
The Trinidad and Tobago Stock Exchange Limited
Monday 24th November 2025