Announcement: AGL Timeline update

Published on March 7, 2016 14:17

Dear AGL Trust Beneficiary,

We are sending you this communication to keep you up-to-date with all of the latest news and developments in regard to AGL Trust.

Mar 7th, 2016:

Distribution of printed Trust certificate will be discontinued. Legacy has drawn upgrade plan for its IT facility, soon members will be able to obtain their Trust Certificate through online platform. It will be more convenient for members to access their Trust Certificate- anytime and anywhere with internet connections.

April 30th, 2016:

Deadline for completion of all Online trust sign ups and receipt by the Trustee of all required documentation and payments. Accounts where either payment or documentation (Incomplete application details, failure to provide certified copies of photo ID and proof of residence) is not completed, will be forfeited (lose their share positions) and will not be included in the total allotment of shares to be distributed under the current ROGP distribution.

May 1st, 2016:

Announcement of the ratio of Cabaran Ultima Group Inc. NYSE shares to ROGP shares to be allocated to the trust beneficiaries will be made. Members will be allocated ROGP shares based on their membership positions.

No allotted position is final until such time as each member has fully completed their sign-up process to the satisfaction of the Trustees and accepted unconditionally as a beneficiary. As stated above, incomplete or missing sign-ups will forfeit all shares if not complete by 12:00 Midnight April 30, 2016. On May 1, 2016 the final total distribution under the ROGP offer will be final and from there the final ratio of ROGP shares to NYSE shares will be announced.

May 1st, 2016:

Digital Trust certificates and welcome letter will be accessible on the ITS system. Every AGL member with an approved Trust account will have access to Digital Trust Certificate and supplementary documents to welcome packages through online platform.

We would like to remind all AGL member that it is unnecessary to have a printed Trust certificate in order to access their Trust account.

Others: 

For people trying to look up the company, based on the intended name Cabaran Ultima Group Inc., the trading symbol and company name of the NYSE Company is being kept under wraps for the time being to avoid the potential of insider trading. It can be anticipated that an announcement will be made when the final name change has taken effect and all information has been announced publicly.

Your Sincerely,

Legacy Trust Company Limited