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SFI Sagicor Financial Corporation Limited

117.50
0.00 (0.00%)
Last Updated: 00:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Sagicor Financial Corporation Limited LSE:SFI London Ordinary Share BMG7777B1046 COM SHS USD0.01 (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 117.50 105.00 130.00 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Sagicor Financial Corporation Ltd Clarifying Notice of Election Record Date (1272J)

30/11/2018 5:07pm

UK Regulatory


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TIDMSFI

RNS Number : 1272J

Sagicor Financial Corporation Ltd

30 November 2018

Sagicor Financial Corporation LIMITED

CLARIFYING NOTICE

Reference is made to the notice dated 27 November 2018 (the "Notice") by Sagicor Financial Corporation Limited (the "Company"), pursuant to which the Company announced that it has entered into an Arrangement Agreement dated 27 November 2018 between the Company and Alignvest Acquisition II Corporation ("Alignvest"), pursuant to which all of the shares of the Company will be transferred to Alignvest, and in exchange, shareholders of the Company will receive a combination of cash and/or common shares of Alignvest as consideration.

NOTICE was given that the Directors of the Company resolved to fix a consideration election record date of December 6, 2018. The following is clarification of such consideration election record date.

For the purpose of clarity:

-- December 6, 2018 shall be the record date only for the purpose of determining the registered shareholders of the Company and holders of depositary interests representing underlying shares of the Company eligible to make a future election to receive cash as part of the consideration for their shares, for up to 10,000 shares of the Company held by each such shareholder of the Company or attributable to such holder of depositary interests.

-- The Company will in due course establish a record date for the purpose of determining the registered shareholders of the Company entitled to vote at and attend the Company's shareholder meeting to be convened by order of the Supreme Court of Bermuda with respect to the transaction contemplated by the Arrangement Agreement. December 6, 2018 is not the record date for such purpose.

-- The proposed transaction contemplated by the Arrangement Agreement is subject to certain conditions, including (without limitation) approval by the Company's shareholders, a sanction by order of the Supreme Court of Bermuda and regulatory approvals.

All other information is as set out in the Notice of 27 November 2018.

Dated November 30, 2018.

By Order of the Board of Directors

Althea C. Hazzard

Corporate Secretary

LEGAL_US_E # 138934554.4

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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(END) Dow Jones Newswires

November 30, 2018 12:07 ET (17:07 GMT)

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