General Announcement::NCB FINANCIAL GROUP LIMITED ANNOUNCES SALE OF NCB (CAYMAN) LIMITED TO CLARIEN BANK LIMITED

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
04-Feb-2026 18:14:27
Status
New
Announcement Sub Title
NCB FINANCIAL GROUP LIMITED ANNOUNCES SALE OF NCB (CAYMAN) LIMITED TO CLARIEN BANK LIMITED
Announcement Reference
SG260204OTHRNS04
Submitted By (Co./ Ind. Name)
NCB Financial Group Limited/Jacqueline De Lisser
Designation
Authorised Officer
Effective Date and Time of the event
04/02/2026 17:00:00
Description (Please provide a detailed description of the event in the box below)
NCB Financial Group Limited (NCBFG) advises that a Share Purchase Agreement has been signed between its major banking entities, National Commercial Bank Jamaica Limited (NCBJ) and Clarien Bank Limited (CBL), subject to receipt of all required regulatory approvals and non-objections. Under the proposed arrangement, Clarien Bank Limited, a majority-owned subsidiary of NCBFG, will acquire NCBJ s wholly owned subsidiary, NCB (Cayman) Limited, together with a defined portfolio of wealth and investment management client relationships currently serviced within the Group s Cayman operations. Upon completion, the Cayman entity will operate under the Clarien brand.

The transaction forms part of the NCB Financial Group s ongoing efforts to optimise its business structure and align related business activities. The transaction is intra-group in nature and does not involve any third-parties.

Press Release also attached: NCBFG Press Release - Internal Reorganisation

Attachments

NCBFG Release - Internal Reorganisation_February 2026.pdf
NCBFG Press Release - Internal Reorganisation Final.pdf
Total size =226K