ANSA McAL : 13 Apr 2023 – ANSA McAL Limited – Notice of Material Information -Completion of TATIL’s Compulsory Acquisition of COLFIRE
April 13, 2023 at 06:56 pm EDT
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NOTICE PURSUANT TO SECTION 64(1)(b) OF THE SECURITIES ACT, CHAP. 83:02
and
RULE 603 of the TRINIDAD AND TOBAGO STOCK EXCHANGE RULES
The compulsory acquisition process initiated on 10th March, 2023 by Trinidad and Tobago Insurance Limited ("TATIL"), a wholly-owned subsidiary of ANSA Merchant Bank Limited ("AMBL"), whose ultimate parent is ANSA McAL Limited ("ANSA McAL") (ANSA McAL owning 82.5% of AMBL's shares), pursuant to the provisions of Section 202 of the Companies Act, Chap. 81:01 of the Laws of Trinidad and Tobago, to acquire the remaining 2.5% of Colonial Fire & General Insurance Company Limited ("Colfire"), representing the shareholding of the shareholders of Colfire who did not accept TATIL's offer and take-over bid to acquire all the issued and outstanding ordinary shares of Colfire issued on 29th December , 2022, was completed on 6th April, 2023.
By Order of the Board
Frances Bain-Cumberbatch
Corporate Secretary
ANSA McAL Limited
TATIL Building
11A Maraval Road
Port of Spain, Trinidad, W. I.
April 13, 2023
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ANSA McAL Ltd. published this content on 13 April 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 April 2023 22:55:02 UTC.
ANSA McAL Limited is primarily engaged in trading and distribution, construction, manufacturing, packaging and brewing, banking and insurance and the media, retail and service industries. The Company operates through four segments: Construction, Manufacturing, packaging and brewing; Automotive, trading & distribution; Banking & Insurance, and Media, retail, services & parent company. The Construction, Manufacturing, packaging and brewing segment is a diversified supplier of construction building materials, beverage, glass, chemicals and paint products. The Automotive, trading & distribution segment provides services for passenger vehicles, spare parts and household/consumer products. The Banking & Insurance segment provides services relating to commercial banking, asset financing, merchant banking and life and general insurance. The Media, retail, services & parent company segment includes print, radio, television, retail, shipping and corporate services.
ANSA MCAL LIMITED 
