Trinidad Cement Limited – Trinidad Cement Limited wishes to advise Shareholders that at a meeting of the Board of Directors held on Thursday February 26, 2015, the Board confirmed a decision to offer shares in the Rights Issue in Trinidad and Tobago only, and to exclude all other jurisdictions in which TCL’s shares are listed. The decision was made, having regard to the complexities involved in satisfying the requirements of the various regulatory bodies in these jurisdictions, and its effect on the stringent timeframe for the Rights Issue, especially since the Rights Issue is intended as a method of recapitalization to fulfill, inter alia, conditions imposed by TCL’s lenders.
