Tender Offer by Republic for Cayman National Shares

The Board of Cayman National Corporation Ltd. ("Cayman National") has received an unsolicited proposal by Republic Bank Trinidad and Tobago (Barbados) Limited ("Republic") to acquire a minimum of 51% and up to 74.99% of the issued shares of Cayman National by way of a tender offer ("Offer" or "Partial Offer") to Cayman National shareholders. The Offer shall expire at 5.00pm (Cayman Islands Time) on 23 November 2018, unless extended by Republic to enable the conditions to the Offer to be satisfied or waived (the "Expiry Date").

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