Republic Monetary Holdings Restricted (RFHL), via its wholly owned subsidiary Republic Financial institution Trinidad & Tobago (Barbados) Restricted (RBTTBL), on Might 21, 2025 notified Cayman Nationwide Company Ltd (Cayman Nationwide) of its intention to make an all-cash conditional supply to buy the excellent extraordinary shares of Cayman Nationwide (Provide).
On Might 22, 2025, Cayman Nationwide introduced the RFHL Discover to the Cayman Islands Inventory Trade (CSX). The supply round to Cayman Nationwide shareholders and CSX shall be printed shortly, thereby formally opening the Provide.
The RFHL Group owns 31,754,248 extraordinary shares representing 74.98 per cent possession of Cayman Nationwide.
With this supply, the RFHL Group seeks to amass as much as 10,596,483 of the remaining extraordinary shares, representing 25.02 per cent of the issued shares of Cayman Nationwide, at a proposal value of USD 7.75/share.
Nigel Baptiste, Group President and CEO of RFHL shared, “For us, this supply is in line with the Group’s dedication to regional growth and investing within the communities we serve, and is a pure evolution within the Group’s enlargement technique.”
He added, “We’ve been within the Cayman Islands since 2006, so with this Provide, we’re additional demonstrating our confidence, unequivocal assist, and long-term dedication to the financial development of the Cayman Islands.”
Established in 1974, Cayman Nationwide is the most important indigenous monetary providers firm, offering Retail & Business Banking, Belief and Firm Administration, and Wealth Administration providers to home and worldwide shoppers. Cayman Nationwide additionally has a presence within the Isle of Man.
With providers spanning Retail & Business Banking, Wealth Administration, Funding Banking, Belief, Offshore Banking and Insurance coverage, the RFHL Group has operations domiciled in Anguilla, Barbados, the British Virgin Islands, the Cayman Islands, Dominica, Ghana, Grenada, Guyana, Isle of Man, St Lucia, St Kitts and Nevis, St Maarten, St Vincent and the Grenadines, Suriname, and Trinidad and Tobago.
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