ANSA McAL : 27 Apr 2023 – ANSA McAL Limited – Notice of Material Information – Acquisition of Bahamian Brewery & Beverage Company Limited
April 28, 2023 at 07:47 pm IST
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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
On November 14, 2022, ANSA McAL Limited ("ANSA"), entered into a definitive share purchase agreement under which ANSA will acquire a minority interest in the Bahamian Brewery & Beverage Company Limited ("BBBCL").
On 21st April 2023 ANSA received final regulatory approval from the Central Bank of the Bahamas to proceed with the acquisition of an equity interest in BBBCL. Accordingly, all regulatory approvals for the above transaction have now been obtained.
We are therefore pleased to announce that upon completion of the transaction, ANSA McAL Limited will become a proud shareholder of BBBCL.
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 27, 2023
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ANSA McAL Ltd. published this content on 27 April 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 April 2023 14:16:21 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.