S&P 500 falls as ongoing government shutdown, trade jitters weigh
LONDON - Third Point Investors Limited announced Monday that the Financial Conduct Authority has approved its prospectus related to the acquisition of Malibu Life Reinsurance SPC.
The prospectus follows resolutions that were passed at the company’s extraordinary general meeting on August 14, 2025, which approved the acquisition and related matters.
Following completion of the transaction, the company will be renamed Malibu Life Holdings Limited, reflecting that it will no longer operate as a closed-ended investment fund. The ticker symbol will change from "TPOU" to "MLHL" upon admission.
The company will also discontinue its Sterling-denominated quotation on the London Stock Exchange. This decision comes as the Takeover Code will cease to apply to the company following migration, making its shares ineligible for inclusion in the FTSE UK Index Series.
Currently, the Ordinary Shares trade under the ISIN GG00B1YQ7219 and SEDOL B1YQ721. Following migration, the ISIN will change to KYG8827C1006 and SEDOL to BVYBW43, while the company’s LEI will remain 549300WXTCG65AQ7V644.
The prospectus will be available on the company’s website and submitted to the FCA’s National Storage Mechanism for public inspection, according to the press release statement.
The company confirmed that the previously announced timetable from September 4, 2025, remains unchanged.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.