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GraceKennedy Limited (GK) Announces 15% Acquisition and Takeover Bid for Key Insurance Company Limited

January 21, 2020

GraceKennedy Limited (GK) has advised that the Company has acquired 15% interest in Key Insurance Company Limited (KEY).

GK further state that it intends to make a cash offer to purchase 100% of the issued share capital of Key at a price of $2.01 per share. The Offer will open for acceptance at 9:00 am on January 27, 2020 and will close at 4:30 pm on February 17, 2020.

Click below for attachments:

Key-Insurance-Company-Limited-Takeover-Bid-Circular-Jan-2020

Press-Release-GraceKennedy-Makes-Offer-to-Acquire-Key-Insurance-Company-Limited

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Company Disclosure -The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking any action in reliance on the contents of this information is strictly prohibited and may be unlawful. Mayberry may effect transactions or have positions in securities mentioned herein. In addition, employees of Mayberry may have positions and effect transactions in the securities mentioned herein.

 

 

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