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Trinidad Cement Limited – BSE Notice

8:57 am

Trinidad Cement Limited – At a meeting of the Board of Directors of Trinidad Cement Limited held on Friday 6th February, 2015, the Board passed a resolution to raise capital through a Rights Issue of 124,882,568 new shares at a price of TT $2.90 per share. Subject to obtaining all necessary approvals and the removal by Shareholders of the 20% restriction on share ownership (as per Article 5, Schedule 2 of TCL’s Articles of Continuance), Shareholders will be offered the right to purchase one new share for every two shares held.

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