TIDMSFI

RNS Number : 3981B

Sagicor Financial Corporation Ltd

06 June 2019

Press Release

FOR IMMEDIATE RELEASE

Barbados, June 6, 2019

ANNOUNCEMENT OF SCHEME MEETING RESULTS

SAGICOR FINANCIAL CORPORATION LIMITED (the "Company") is pleased to announce that, at the meeting of the members of the Company (the "Shareholders") convened by Order of the Supreme Court of Bermuda and held on Wednesday, 4 June 2019 (the "Scheme Meeting"), the Shareholders approved the scheme of arrangement between the Company and its Shareholders pursuant to section 99 of the Companies Act 1981 of Bermuda (the "Scheme of Arrangement"). Of the number of persons voting in person or by proxy at the Scheme Meeting, 94.2% voted in favour of the Scheme of Arrangement and of the number of shares of Sagicor voted at the Scheme Meeting, 99.5% of such shares voted in favour of the Scheme of Arrangement.

Dodridge Miller, Group President and CEO of Sagicor Financial Corporation Limited said "the shareholders overwhelming support for the Sagicor/Alignvest partnership is a testament of their confidence in the ability and commitment of the Board and Management to continue to grow the company and create value for all shareholders".

About Sagicor Financial Corporation Limited

Sagicor is a leading financial services provider in the Caribbean, with over 175-years of history, and has a growing presence as a provider of life insurance products in the United States. Sagicor offers a wide range of products and services, including life, health, and general insurance, banking, pensions, annuities, and real estate. Sagicor's registered office is located at Clarendon House, 2 Church Street, Hamilton, HM 11, Bermuda with its principal office located at Cecil F De Caires Building, Wildey, St. Michael, Barbados.

For further information please contact:

Sagicor Financial Corporation Limited

Media Ingrid Card

Vice President, Group Marketing, Communications & Brand Experience 246-230-5315 or Ingrid_Card@sagicor.com

Samantha Cheung Investor Relations

Executive Vice President, Investor Relations

416-898-4324 or 1-800-342-0719 or Samantha_Cheung@sagicor.com

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

SOAUGUAGQUPBGUQ

(END) Dow Jones Newswires

June 06, 2019 08:00 ET (12:00 GMT)

Sagicor Financial (LSE:SFI)
Historical Stock Chart
From Nov 2024 to Dec 2024 Click Here for more Sagicor Financial Charts.
Sagicor Financial (LSE:SFI)
Historical Stock Chart
From Dec 2023 to Dec 2024 Click Here for more Sagicor Financial Charts.