General Announcement::NCB FINANCIAL GROUP LIMITED ANNOUNCES INTERNAL TRANSACTION AND GUARDIAN GROUP RESTRUCTURING

Issuer & Securities

Issuer/ Manager
NCB FINANCIAL GROUP LIMITED
Securities
NCB FIN US$225M11%N300731A - US639935AA37 - UKNB
NCB FIN US$225M11%N300731R - USP71051BD06 - HYVB
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
01-May-2026 20:19:18
Status
New
Announcement Sub Title
NCB FINANCIAL GROUP LIMITED ANNOUNCES INTERNAL TRANSACTION AND GUARDIAN GROUP RESTRUCTURING
Announcement Reference
SG260501OTHRJCMH
Submitted By (Co./ Ind. Name)
NCB Financial Group Limited/Jacqueline De Lisser
Designation
Authorised Officer
Effective Date and Time of the event
30/04/2026 17:00:00
Description (Please provide a detailed description of the event in the box below)
NCB Financial Group Limited (NCBFG) advises that its major subsidiaries continue their business optimisation with Guardian Insurance Limited (GIL) proposing to acquire from NCB Capital Markets Limited 100% of the issued share capital of NCB Merchant Bank (Trinidad and Tobago) Limited (NCBMBTT) pursuant to a Share Purchase Agreement, subject to the receipt of applicable regulatory approvals and non-objections.

Additionally, the Board of Guardian Holdings Limited has approved restructuring activities, pursuant to the Insurance Act of Trinidad & Tobago, to separate its financial and non-financial subsidiaries, as required by the Central Bank of Trinidad and Tobago. This will enable alignment with statutory frameworks for risk management, corporate governance and prudential oversight, while ensuring a clear distinction between non-financial and financial entities.

Attachments

NCBFG Investor Release - NCBMBTT-GIL transaction and GHL Restructuring 1May2026.pdf
Total size =95K