March 23, 2020

GraceKennedy Limited (GK) has advised that following on its January 20 announcement of an offer to acquire Key Insurance Company Limited(KEY) and further to the KEY Board’s review of the Offering Circular and a recommendation to shareholders to take up the offer, GK was successful in its bid for the Company. The offer closed on March 2, and GK will own 65% of KEY.

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