Special Advisory: NCB Financial Group Limited (NCBFG)

Date: September 3, 2019

NCB Financial Group Limited (NCBFG) has announced that the Financial Services Commission has advised of its non-objection to the sale of shares in Advantage General Insurance Company Limited by NCB Capital Markets Limited (NCBCM), a subsidiary of NCBFG, to Sagicor Investments Jamaica Limited, Fundy Bay Equity Holdings Limited and Resource In Motion. NCBFG further advised that NCBCM expects to complete the transaction in the coming weeks, once other relevant conditions have been satisfied.

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