Business
Posting of Circular and notice of extraordina...
Posting of Circular and notice of extraordina....
About this update from Malibu Life Holdings Limited
[{"type":"text","content":"\n\n \n \n\n\n\n\nNOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION.FOR IMMEDIATE RELEASE. 25 July 2025Third Point Investors LimitedPosting of Circular and notice of extraordinary general meeting Further to the announcement by Third Point Investors Limited (the \"Company\") on 23 July 2025, the Company confirms that it has published a circular (the \"Circular\") that has been approved by the Financial Conduct Authority (the \"FCA\") containing a notice of an extraordinary general meeting (\"EGM\") to approve the acquisition of Malibu Life Reinsurance SPC (the \"Acquisition\") of Malibu and certain related matters.A separate notice of an annual general meeting (\"AGM\") has also been posted to convene the Company's AGM on the same date as the EGM.The EGM is due to be held at the offices of Northern Trust International Fund Administration Services (Guernsey) Limited, Trafalgar Court, Les Banques, St Peter Port, Guernsey, GY1 3QL at 10:00 a.m. on 14 August 2025. The AGM will be held on the same day and location as the EGM at 10:30 a.m.The Circular and long-form investor presentation will shortly be made available on the Company's website: https://www.thirdpointlimited.com/announcements/ A copy of the Circular will be submitted to the FCA's National Storage Mechanism and will be available for inspection at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism Capitalised terms used in this announcement shall, unless otherwise defined, have the same meanings as set out in the Circular.Dimitri Goulandris, Chair of TPIL's Strategy Committee, commented:\"The Strategy Committee is delighted that today TPIL is publishing a shareholder circular containing full details of proposals which represent the culmination of many months' work. We firmly believe that the proposed transaction, which is being recommended to shareholders unanimously by the Board, is in the best interests of TPIL, and are encouraged that 46% of shareholders have already committed to support the proposals. The Strategy Committee acknowledges that not all existing shareholders will wish to continue their investment in TPIL following these c...