RCS - TPIL Investor Group - TPIL Investor Group Opposes Malibu Acquisition

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23/07/2025 19:30

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RNS Number : 3113S  TPIL Investor Group  23 July 2025

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

 

FORMATION OF TPIL INVESTOR GROUP AND NOTICE OF OPPOSITION TO THE PROPOSED
ACQUISITION OF MALIBU LIFE REINSURANCE BY THIRD POINT INVESTORS LIMITED
("TPIL" OR "THE COMPANY")

 

URGES TPIL TO HOLD AN INDEPENDENT SHAREHOLDER VOTE

 

23 July 2025

 

A group of long-term investors in TPIL has today announced it has formed a
formal investor group ("TPIL Investor Group" or the "Investor Group").

 

The Investor Group is currently comprised of Asset Value Investors Limited,
Evelyn Partners Investment Management Limited, Almitas Capital LLC, Staude
Capital Pty Limited and Metage Capital Limited. The Investor Group represents
14% of the Ordinary Shares of TPIL.

 

The Investor Group intends to oppose the proposed all-share combination
("Proposed Transaction") between TPIL and Malibu Life Reinsurance SPC
("Malibu").

 

The Investor Group's reasons for opposing the Proposed Transaction can be
found at: www.tpilinvestorgroup.com (http://www.tpilinvestorgroup.com)

 

Further updates and communications relating to the Investor Group and the
Proposed Transaction will be posted on www.tpilinvestorgroup.com
(http://www.tpilinvestorgroup.com)

 

ENDS

 

Enquiries

 

Advisers to the Investor Group

 

Communications - Nepean

Gavin Davis / Woolf Thomson Jones / Harry Roxburgh

+44 (0) 7910 104 660 / +44 (0) 7376 392 693 / +44 (0) 7814 372 664

TPIL@nepean.co.uk (mailto:TPIL@nepean.co.uk)

 

Legal - Ogilvy & Wachtel

Robert Ogilvy Watson

+44 (0) 20 8396 0967

r.ogilvywatson@ogilvy-wachtel.com (mailto:r.ogilvywatson@ogilvy-wachtel.com)

 

 

 

 

 

 

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