Mauritius News

BRIEF – Delta International Migration to Mauritius

The Minister of Finance in Bermuda has approved the migration of Delta International from Bermuda to Mauritius.

The Registrar of Companies in Mauritius has, subject to formal discontinuance in Bermuda, provided provisional approval for the continuation of Delta International as a Public Company and Global Business Licensed Company organised under the laws of Mauritius. As such, from the effective date of the migration the Company will be discontinued in Bermuda and continued in Mauritius. Subject to the relevant local formalities being satisfied, the effective date of the migration will be on or about 11 March 2015.

Simultaneously Delta International has made application under the Listing Rules of the Stock Exchange of Mauritius Limited (“SEM”) for the admission of its shares on the Official Market of the SEM by way of an introduction. Delta International will terminate its listing on the Bermuda Stock Exchange once it is admitted on the SEM. In addition to this, Delta International has made an application to the JSE Limited (“JSE”) for the transfer of its South African listing from the Alternative Exchange of the JSE to its Main Board.

Delta International is in the process of completing the legal, regulatory and compliance requirements of the Bermuda Registrar of Companies, the SEM and the JSE. Shareholders will be kept updated on this process.