PORT OF SPAIN: TRINIDAD AND TOBAGO, 2006 – Following apparent market speculation relating to a potential sale or merger involving RBTT Financial Holdings Limited (RBTT), RBTT has provided the following comment at the request of the Trinidad & Tobago securities regulators.
It is RBTT”s policy not to comment on any potential corporate transaction unless and until a decision has been made by its Board regarding such a transaction. As one of the region’s largest financial services institutions, the RBTT Group reviews on an ongoing basis strategic opportunities to improve its portfolio. RBTT has had and continues to have discussions from time to time in this regard and market speculation is therefore not uncommon. Although it is RBTT’s policy not to comment on speculation or to disclose the nature of any commercial discussions, RBTT confirms that no decision has been made to enter into any significant corporate transaction at this time.
