May 2026 Financial News

Guardian Holdings Limited - Notice of Material Change - Acquisition of NCB Merchant Bank Trinidad and Tobago Limited by Guardian

May 01, 2026

Notice to Shareholders
ACQUISITION OF NCB MERCHANT BANK TRINIDAD AND TOBAGO LIMITED BY GUARDIAN INSURANCE LIMITED

Guardian Holdings Limited advises that on 30 April 2026, its Board of Directors approved a strategic initiative involving the acquisition of 100% of the issued and outstanding common equity of NCB Merchant Bank Trinidad & Tobago Limited by Guardian Insurance Limited.

Upon completion of the acquisition, the Group will establish a Centre of Excellence for its merchant banking operations in Trinidad and Tobago. This strategic alignment is designed to centralise expertise, streamline regional operations, and enhance the Group's capacity to deliver investment banking services.

The completion of this transaction remains contingent upon the receipt of all requisite regulatory approvals. The transaction is anticipated to strengthen the Group's strategic and financial position, while enhancing operational efficiency and enabling a more focused approach to serving our clients.

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


Source:
The Trinidad and Tobago Stock Exchange Limited
Friday 1st May 2026