TCL v. Wilnet Holdings Limited & Ors. - Notice to Shareholders and Employees

Trinidad Cement Limited (TCL) has advised that, further to its Notice to Shareholders and Employees dated October 22, 2013 in relation to TCL v. Wilnet Holdings Limited & Ors., the injunction which restricted TCL from holding its 2012 Annual Meeting was upheld by the Court of Appeal on November 20, 2013. This matter arose when the Honourable Mr. Justice Harris granted an injunction restraining the holding of TCL’s Annual Meeting on Friday 12th July, 2013. TCL immediately filed a Notice of Appeal challenging the injunction. The Case Management Conference for the substantive matter was held on December 2, 2013 and has been put to January 20, 2014 for directions.