Pursuant to Section 64 of the Securities Act, 2012
1. NAME OF REPORTING ISSUER
Name of Reporting Issuer Guardian Holdings Limited
2. DATE OF MATERIAL CHANGE
Date of material change
March 21, 2024
3. DESCRIPTION OF MATERIAL CHANGE
Provide a description of the material change
Guardian Holdings Limited ("GHL") wishes to advise that pursuant to authorisation by its Board of Directors, GHL executed a Loan Agreement effective 21st March, 2024, arranged by Guardian Group Trust Limited ("GGTL") for a maximum amount of TT$450 Million. The proceeds from this facility will be allocated for general corporate purposes.
The total loan amount of up to TT$450 Million will be disbursed in two tranches. The first tranche ("Tranche A") was disbursed on 21st March 2024 in the sum of TT$382 Million at a rate of interest of 5.35% per annum. The second tranche ("Tranche B") is proposed to be disbursed at a later date for a facility of up to TT$68 Million or the equivalent denominated in any other currency, at a rate of interest of 5.20% per annum. Both Tranche A and Tranche B will mature on 21st June 2029. The Security documents for this loan include a Debenture and Deed of Priority.
4. DETAILS OF PUBLICATION OF MATERIAL CHANGEWill you be seeking an exemption from publishing a notice in accordance with Section 64(2) of the Securities Act 2012?
☐
If "No"
Date of Publication of Notice (dd/mmm/yyyy)
on or before March 28, 2024
If "Yes"
State the reasons for applying for the exemption
Name (First name, Last name)
KRYSTAL BAYNES-HOSEINEE
Position in Organization
CHIEF GOVERNANCE OFFICER & CORPORATE SECRETARY
Business Address
1 Guardian Drive, Westmoorings
Work Phone (1-xxx-xxx-xxxx)
1-868-226-2043
Fax Phone(1-xxx-xxx-xxxx)
Email Address
Krystal.Baynes-Hoseinee@myguardiangroup.com
6. DATE, CERTIFICATION AND SIGNATURE
I hereby certify that the statement and information contained in this form and any attachment hereto are true and correct to the best of my knowledge and belief and submitted in compliance with the provisions of the Securities Act, 2012. I understand that any misrepresentation, falsification or material omission of information on this application may result in a breach of the Securities Act, 2012.
Chief Governance
Krystal Baynes- Hoseinee
Print Name
Officer and
March 22, 2024
Corporate Secretary
Signature
Position
Date
FOR OFFICIAL USE ONLY
Tool
ID Information
Registrant's Number
Director's Number
Document / Record Number
Record's Management Date Received (dd/mm/yyyy)
Approved By :
Date (DD/MM/YYYY)
Attachments
Original Link
Original Document
Permalink
Disclaimer
Guardian Holdings Ltd. published this content on
26 March 2024 and is solely responsible for the information contained therein. Distributed by
Public, unedited and unaltered, on
26 March 2024 16:37:25 UTC.
Guardian Holdings Limited is a diversified financial services company. The Company is engaged in underwriting all classes of long-term and short-term insurance business, insurance brokerage operations, provision of pension and asset management services and property development. It operates in three segments: Life, health and pension; Property and casualty (including insurance brokerage) and Asset management. The Life, health and pension segment includes Guardian Life of The Caribbean Limited, Guardian Life Limited, Fatum Life Insurance N.V. and Fatum Health N.V. Property and casualty segment includes Guardian General Insurance Limited, Kruit en Venema Assuradeuren B.V., Fatum General Insurance N.V., Fatum General Insurance Aruba N.V., Thoma Exploitatie B.V., Almi Holdings Limited, Vanguard Risk Solutions Limited and RoyalStar Assurance Limited. The Asset Management segment includes Guardian Group Trust Limited and Guardian Asset Management and Investment Service Limited.
GUARDIAN HOLDINGS LIMITED 
