Third Point Investors completes migration to Cayman Islands

Published 11/09/2025, 08:16
Third Point Investors completes migration to Cayman Islands

GEORGE TOWN, CAYMAN ISLANDS - Third Point Investors Limited announced Thursday it has completed its migration from Guernsey to the Cayman Islands, where it is now registered as an exempted limited company under the Cayman Island Companies Act.

The company’s registration in the Cayman Islands became effective on September 10, 2025, at which point it ceased to be incorporated in Guernsey, according to a press release statement.

Following the migration, Third Point Investors will maintain its existing LEI code, while adopting a new ISIN (KYG8827C1006) and SEDOL (BVYBW43) for its ordinary shares. The ticker for the company’s US dollar-denominated ordinary shares remains as MLHL.

As part of the corporate restructuring, Third Point has appointed Artex Risk Solutions (Cayman) Limited as its administrator and Walkers Corporate Limited as company secretary, replacing Northern Trust International Fund Administration Services (Guernsey) Limited.

Trading in the company’s ordinary shares remains suspended pending completion of its acquisition of Malibu Life Reinsurance SPC from Malibu Life Holdings LLC, expected on September 12, 2025. Upon completion, Third Point will issue approximately 1.87 million consideration shares, representing about 95% of the total consideration shares for the transaction.

Following admission to trading on the London Stock Exchange’s Main Market, Third Point will have 21.43 million ordinary shares and 8.57 million B shares in issue, with total voting rights of approximately 30 million.

The company expects to redeem 4.38 million ordinary shares on September 19, 2025, as part of a previously announced redemption offer, after which 17.05 million ordinary shares will remain in circulation.

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