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Financial News

Sep 2025 Financial News

Prestige Holdings Limited - Notice of Third Extension of Closing of Takeover Bid and Offer

Sep 11, 2025

Notice to the Shareholders of Prestige Holdings Limited (PHL)
NOTICE OF FURTHER EXTENSION OF CLOSING DATE


IN RESPECT OF THE OFFER BY AGOSTINI LIMITED (AGL) TO ACQUIRE ALL ISSUED AND OUTSTANDING 62,513,002 COMMON SHARES IN PHL VIA A SHARE SWAP OF 4.8 COMPANY SHARES IN EXCHANGE FOR 1.0 OFFEROR SHARE

Pursuant to the Securities Industry (Take Over) By Laws 2005, issued by the Trinidad & Tobago Securities and Exchange Commission (“TTSEC”), PHL advises that Agostini Limited (the Offeror), has elected to further extend the Closing Date of the offer from September 9, 2025 to October 21, 2025.

The Offer will, therefore, remain open for acceptance until, but not later than, the 21st day of October 2025 at 4:00PM (the Further Extended Closing Date).

With exception to the Further Extended Closing Date, there have been no changes to the terms and conditions of the Offer and, as such, those terms and conditions previously set forth in the Directors’ Circular dated July 4, 2025, the Errata dated July 17, 2025 and Amended Errata Document dated July 22, 2025 continue to be applicable in all respects.

PHL reminds the Shareholders that Directors' Circular, Errata and Amended Errata can be accessed online at the following link:

https://www.phl-tt.com/agostinioffer

PHL Shareholders have unlimited access to the Directors’ Circular, Errata and Amended Errata issued thereto and should contact their Stockbroker for further information on the process for accepting this offer.

A hard copy of the Directors’ Circular, Errata and Amended Errata issued thereto can also be accessed at the following location:
Head office of PHL located at #47−49 Sackville Street, Port of Spain



Source:
The Trinidad and Tobago Stock Exchange Limited
Thursday 11th September 2025