Acquisition of Minova Insurance Holdings Limited by BCI and PCP

The acquisition of Minova Insurance Holdings Limited by British Columbia Investment Management Corporation (“BCI”) and Preservation Capital Partners (“PCP”) through acquisition vehicle Blackwood Bidco Limited, first announced in June 2019, completed on 8th October 2019.

All shareholders were sent a personal statement shortly prior to completion, detailing their shareholdings and the associated purchase consideration to be paid to them.

All payments to shareholders will be made within five business days of 8th October 2019. If you have any queries relating your completion statement, or if you have not received payment by the above date, please email shares@minovainsurance.com.