National Storage Mechanism | Additional information
RNS Number : 9652U
TPIL Investor Group
12 August 2025
 

THIRD POINT INVESTORS LIMITED INVESTOR GROUP ("THE GROUP")

 

PIRC RECOMMENDS SHAREHOLDERS VOTE AGAINST PROPOSED ALL-SHARE COMBINATION BETWEEN THIRD POINT INVESTORS LIMITED ("TPIL") AND MALIBU LIFE REINSURANCE ("PROPOSED TRANSACTION")

 

FOLLOWS RECENT ISS RECOMMENDATION TO VOTE AGAINST ALL RESOLUTIONS

 

12th August 2025

 

The Group notes the publication of a voting recommendation from the independent governance and shareholder advisory body, PIRC, in relation to TPIL's forthcoming EGM scheduled for 10:00am on 14 August 2025.

 

PIRC has recommended that TPIL shareholders vote AGAINST all resolutions.

 

PIRC's guidance is in line with the guidance issued by ISS, which also recommends voting against all resolutions, as well as the recommendation of the Group.

 

The Group has already written to VoteCo's directors to draw their attention to PIRC's analysis.

 

Previous announcements from the Group and other materials can be found at: www.tpilinvestorgroup.com

 

Shareholders are reminded to submit their proxy votes in accordance with the instructions set out in the shareholder Circular dated 25th July 2025.

 

ENDS

 

Enquiries

 

Advisers to the Group

 

Communications - Nepean

Woolf Thomson Jones / Harry Roxburgh

+44 (0) 7376 392 693 / +44 (0) 7814 372 664

TPIL@nepean.co.uk

 

Legal - Ogilvy & Wachtel LLP

Robert Ogilvy Watson

+44 (0) 20 8396 0967

r.ogilvywatson@ogilvy-wachtel.com

 

 

 

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