August 26, 2025
Sagicor Select Funds Limited – Financial (SELECTF) has advised that at the Court-Ordered Meetings of the Class B stockholders and Class C stockholders held on August 19, 2025, stockholders gave their resounding approval of their respective Scheme of Arrangement. SELECTF has further advised that in order to be approved, each Scheme of Arrangement must be accepted by the majority of the relevant class of stockholders present at the Meeting, and those voting in favour must represent at least 75% of the total votes cast on the resolution. The results satisfied the threshold to be met, and accordingly the resolutions voted upon at the Meetings were duly passed.
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