BRG: Special Advisory

Berger Paints Jamaica Limited (BRG) has confirmed that the Take-over Bid Offer by ANSA Coatings International Limited (ANSA) which opened on September 7, 2017 for the remaining shares representing 48.99% or 104,990,171 BRG shares, closed on October 9, 2017. ANSA has taken up and purchased 6,667,570 shares representing 6.35% of the 104,990,171 shares held by minority shareholders and 3.11% ot the total 214,322,393 issued shares. The settlement date was October 18, 2017. As a consequence, ANSA now holds 54.12% of the issued shares of BRG.