Angostura : 11 Jan 2022 – Angostura Holdings Limited – Material Change Disclosure
January 11, 2022 at 07:38 am EST
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ANGOSTURA HOLDINGS LIMITED
MATERIAL CHANGE DISCLOSURE
Pursuant to Section 64 (1)(b) of the Securities Act, 2012 and
Pursuant to Rule 603 of the Trinidad and Tobago Stock Exchange Rules
By Market Notice dated January 06, 2022, the Trinidad and Tobago Stock Exchange advised that 457,269 Ordinary Shares of Angostura Holdings Limited ("AHL") were withdrawn from the Trinidad and Tobago Stock Exchange effective Friday January 07, 2022, thus reducing the issued share capital of AHL to 205,820,361 Ordinary Shares.
This was the final step in a transaction whereby 457,269 Ordinary Shares held by Trinidad Distillers Limited ("TDL") (a member of the Angostura Group) were voluntarily donated without valuable consideration, by TDL to AHL, pursuant to an agreement and in accordance with Section 46 of the Companies Act, Chap. 81:01 ("the Act"). On January 07, 2022 the said shares were cancelled pursuant to Section 50 of the Act.
By order of the Board
Kathryna Baptiste Assee
Corporate Secretary
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Angostura Holdings Limited published this content on 11 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 January 2022 12:37:04 UTC.
Angostura Holdings Limited is a holding company. The Company's subsidiaries are engaged in the manufacture and sale of rum, Angostura aromatic bitters and other spirits, and the bottling of alcoholic and other beverages on a contract basis. The Company's Rum segment manufactures and sells consumer alcohol products. Its Bitters segment manufactures and sells Angostura aromatic bitters. Its Chill segment sells and distributes Angostura Chill products. Its Bulk segment manufactures and sells bulk concentrate products such as current distillate, blends, and bulk bitters. Its Other segment consists of both locally manufactured and imported products for sale such as Wines, liquors, and other branded Spirits. It offers drinks, such as Angostura 1824, Angostura 1787, Angostura 1919, Angostura 7-year-Old rum, Angostura 5year Old rum, Angostura Reserva, Angostura Single Barrel and Tamboo, White Oak, and its array of flavors include sorrel, coconut, watermelon, pink grapefruit, and pineapple.