Port of Spain, Trinidad. August 21st, 2020: Angostura® is once again leading industry development by adding yet another innovative product to its portfolio-White Oak Watermelon Flavoured Rum. The limited edition, natural flavoured rum has no artificial flavourings or additives. It’s made from natural watermelon and it’s exceptionally smooth; the first sip gives you a crisp and fresh taste of watermelon. It’s the third innovation of White Oak Flavoured Rum to be launched in less than a year. In November 2019, Angostura® introduced White Oak Sorrel Flavoured Rum that became a phenomenal success. In February 2020, White Oak Coconut Flavoured Rum entered the market, and took Carnival celebrations to another level. Chairman of Angostura, Terrence Bharath says, “The White Oak Watermelon Flavoured Rum was crafted with our consumers in mind because Angostura® understands the importance of building on its anchor products. The global demand is expanding in the flavoured rums segment and it is a natural progression to introduce variants of our star product. Once the seal is broken on a bottle you are captivated by its aroma which fills the room. The taste is unique, the smoothness and refinement of the product is unmatched. We are proud once again to be a leader in the drinks industry.” In light of the challenges facing the global economy brought on by the pandemic, the economic viability of companies in the food and beverage industry, hinges on creativity, innovation and the ability to be flexible. Angostura®, like many other companies around the world, has turned to this route and continues to innovate to meet changing demands and protocols. When Angostura® first announced that it was introducing White Oak Watermelon Flavoured Rum, we launched 150 limited edition packages and we were pleased to see that these were sold out in less than 24 hours. The requests have been overwhelming both locally and regionally and customers eagerly await the release of this new and exciting flavour. White Oak is one of Angostura’s flagship rum brands that continues to be a leader in the market not just in Trinidad and Tobago but in the Caribbean. White Oak Watermelon Flavoured Rum is great when served with soda water, pineapple juice, citrus juices or simply on ice. It is available at leading supermarkets, retail outlets, selected pharmacies, quick shoppes, Angostura’s Solera retail outlets with locations in St Clair, Port-of-Spain and C3 Centre, San Fernando and online at Soleratt.com.
Port of Spain, Trinidad. August 19th, 2020: After witnessing the many trials faced by our people in recent times, Angostura®, the Caribbean’s leading rum producer with a superb collection of rum brands and the world’s market leader for bitters has produced an anthem of unity, harmony and strength called “Resilient ”. Rahim Mohammed, Executive Manager- Corporate Services said that Angostura wanted to remind people of their own strength and reinforce a message of unity and love that will keep us all thriving. Mr. Mohammed said, “This song is about celebrating the resilience of our people, especially when faced with many social barriers. We expect this song to resonate with our Caribbean brothers and sisters as we continue to confront our challenges through a united force and promote togetherness and love towards each other!” The song portrays our Caribbean uniqueness and has a great overarching message of perseverance. It not only contains an inspirational message but celebrates the strength of our people. Angostura is pleased to be part of society and the community fabric to provide an opportunity to our regional entertainment artistes to perform together and promote unity despite the various challenges faced. We unite as one people, with one goal to love one another and to come out of this pandemic stronger as a cohesive Trinidad and Tobago for we are resilient, passionate and fun loving in all respects. The song features vocals by Wayne Marshall (Jamaica); King Bubba (Barbados); Geniene Brown (St. Vincent and the Grenadines); Teddyson John (St. Lucia); Nailah Blackman (Trinidad and Tobago); Ravi B (Trinidad and Tobago); Terri Lyons (Trinidad and Tobago) and Rheon Elbourne (Trinidad and Tobago). It was produced by Kubiyashi Productions (St. Vincent and the Grenadines and written by Tuere Kareem (Lonsdale Saatchi & Saatchi Advertising Limited, Trinidad and Tobago). Music was provided by Julian Magik, bass from Machel Montano’s band (Barbados/Toronto); violin of Darron Andrews Music (Jamaica/St. Vincent) and Penn Joseph, drums of Maxi Priest band (St. Lucia/Jamaica).
Port of Spain, Trinidad. August 3rd, 2020: Today, Angostura commissioned its state-of-the-art, Water Resource Recovery and Anaerobic Digester facility, after over one year of project planning and construction. A contract was signed with German-based engineering firm, Chriwa Umwelt-Systemtechnik und Service GmbH (CUSS), in March 2019. The company was selected after multiple rounds of assessment and review of tender proposals. This multi-million-dollar project was initially anticipated to be completed in April 2020 after re-engineering works on the facility began in September 2019. When the first COVID-19 case was announced in Trinidad in March 2020, the process was already advanced at that time. Angostura was about to begin corrosion repairs on the Anaerobic Digester, another phase before the project’s completion, which was being spearheaded by a team of foreign experts from the United Kingdom, Russia and Serbia. However, when it was announced on March 21st, 2020 that T&T’s borders were being closed on March 22nd, 2020 at midnight, the foreign experts quickly left the country to return to their homes as many other countries were also closing their borders in a bid to protect their citizens from the spread of COVID-19. Consequently, Angostura had to figure out how to keep the project on track without the input from the international experts. This caused a major setback and delayed the project by four months. As a result of the re-engineering works on the facility, daily distillery production was reduced by sixty-eight percent. The delay in completing the project also led to an increase in the cost of production for alcohol due to overhead costs and reduced output. In fact, the cost of production increased by approximately sixty percent as Angostura was producing less alcohol from its distillery daily. During this period, Angostura stepped in to assist the country by producing 70,000 bottles of hand sanitizer to fight the COVID-19 pandemic. This meant that the company was using its very limited supply of alcohol to serve the greater good of society despite the needs of its own operations. Now that the plant is being commissioned, it will allow Angostura to increase its production to 13,500 LOA (Litres of Alcohol) per day, a significant increase over its daily production average for the past three years. This facility places Angostura at the forefront of the alcohol industry in the region and will ensure that the company operates within global environmental guidelines and best practices. Chairman of Angostura, Mr. Terrence Bharath says, “Protecting the environment and our neighbouring communities is something that Angostura takes very seriously, hence the investment in this wastewater treatment plant. The economic benefit of this investment will greatly build our shareholder value and enable the plant to deliver increased output to support the growth of our international markets while staying true to our company’s vision. Internationally, our brand can only benefit from this achievement as being kind to our environment is a selling point to promote our products.”
Download Ministry of Health Guidelines-Annual General Meetings PDF GUIDELINES FOR ATTENDEES OF THE 38th ANNUAL MEETING Download PDF ANGOSTURA HOLDINGS LIMITED (“the Company”) wishes to remind shareholders that it¬s Thirty-Eighth Annual Meeting for the year ended December 31, 2019 will be held on the 5th day of August 2020, at 2:00p.m. at Queens Hall, 1-3 St Ann’s Road, Port of Spain, Trinidad and Tobago. Registration of shareholders/proxies will commence at 12:00 p.m. to facilitate all required COVID-19 protocols. Persons attending the Annual Meeting are required to abide by all the COVID-19 protocols as outlined in the Ministry of Health’s Guidelines entitled “The New Normal – The Conduct of Annual General Meetings in Trinidad and Tobago ” (“the Guidelines”), which is available on and can be downloaded from the Company’s website at www.angostura.com. Attendees of the Annual Meeting are also required to adhere to all protocols which have been put into effect by the Management of Queens Hall. In summary, attendees are advised as follows: 1. The following persons will not be allowed to enter Queen’s Hall and are advised to stay at home: a) Persons who are ill or exhibiting symptoms of COVID-19 including: fever, chills, cough, shortness of breath, muscle pain, headache, sore throat or recent loss of taste or smell; b) Persons with exposure to someone exhibiting any of the above symptoms or to someone who has tested positive for COVID-19 within fourteen (14) days of the Annual Meeting; c) Persons with a temperature greater than 37.5°C with fever or strongly associated symptoms consistent with COVID-19. 2. Prior to entering Queen’s Hall, all persons are required to: a) Wear a face covering mask or a face shield; b) Maintain a distance of six (6) feet from others; c) Wash their hands with soap and running water; d) Undergo screening with a contactless thermometer for fever and symptoms consistent with COVID-19. 3. During and upon exiting the Annual Meeting, all persons are required to: a) Continue to wear a face covering mask or face shield; b) Maintain a distance of six (6) feet from others; c) Cough/sneeze into a tissue or into the crook of their elbow; d) Frequently wash their hands with soap and running water and/or use hand sanitizer prior to entering and while in the Annual Meeting room and after using the washroom. 4. Attendees are advised to avoid congregating and to minimize interacting with others when entering and exiting the Annual Meeting room and venue. We look forward to your cooperation in strictly adhering to the Guidelines during the Annual Meeting, as we do our part to minimize the risk, spread and transmission of COVID-19. BY ORDER OF THE BOARD Kathryna Baptiste Assee Corporate Secretary
Port of Spain, Trinidad. July 29th, 2020: Angostura, world renowned for aromatic bitters, has added yet another flavour to its portfolio with the latest innovation- ANGOSTURA® cocoa bitters. It’s made using Trinidad and Tobago’s own Trinitario cocoa which is a unique and untapped resource. In fact, the beans from the Trinitario cocoa are well-known globally for its bold characteristics, its depth of flavour and aroma, which command a premium price on the international market. T&T is designated as a 100% fine or flavour cocoa producer, a status it has held for decades. This latest innovation is part of Angostura’s bid to promote our local agricultural treasure, cocoa, around the world. The Trinitario cocoa adds a sweet and elegantly balanced flavour to our bitters line which makes it one of our most exclusive innovations in decades. After years of continuous research and trials, the Angostura team led by Master Blender, Carol Homer-Caesar, created the perfect recipe for this latest product, using T&T’s internationally famous, and indigenous, Trinitario cocoa to produce ANGOSTURA® cocoa bitters; as we continue to push the boundaries of flavour, taking inspiration from our history and local heritage. Ms. Homer-Caesar says: “We believe our locally cultivated Trinitario cocoa delivers a far superior flavour profile to other geographic regions. Our hope is that our new, expertly crafted, cocoa bitters inspires people to create their own signature cocktail and food recipes to savour and enjoy with family and friends.” The launch of ANGOSTURA® cocoa bitters coincides with an unprecedented moment, when people around the globe are spending more time than ever at home due to the COVID-19 pandemic. This has sparked a wave of ‘DIY’ in the kitchen at home and at bars. As a timeless brand that has been flavouring the world for the past 196 years, we have an opportunity to inspire mixologists, drinks enthusiasts and home chefs to seize this time of creativity and address their appetite for authenticity and natural ingredients. Angostura launched orange bitters 13 years ago, and today, we are proud to announce that as part of our efforts to support our local agricultural industry, we are adding cocoa bitters to our portfolio. Angostura’s forecasts for the demand of cocoa will result in increased output in local cocoa production. We have already been in contact with many of the local producers to ensure a steady supply of cocoa for our production process which has put local producers in expansion mode. In fact, the demand for our latest innovation has already surpassed initial projections. We are delighted that this latest product is quickly capturing market share across the globe, which is exactly what our team had in mind when they were formulating the perfect recipe. As one of this country’s major exporters, ANGOSTURA® cocoa bitters will be exported to several markets including the U.S.A where it will be placed in over 1,200 Walmart stores in the introductory phase. It will also be sold in the U.K. and Europe. This has further enhanced our strategic position globally. ANGOSTURA® cocoa bitters contains top notes of rich, floral and nutty cocoa combined with an intoxicating infusion of aromatic botanicals. Crafted to inspire creativity and experimentation with flavour combinations, this new product is ideal for use in both professional and at-home settings, and for sweet and savoury applications. It can be used to remix classic cocktails or put a luxurious spin on a main dish or sweet treat. It pairs perfectly with sweet vermouth or aged spirits, like whiskey, rum, cognac and tequila, while bringing new layers of depth and complexity to cocktails, such as the classic espresso martini. ANGOSTURA® cocoa bitters can innovate your creations.
Ms. Hema Ramkissoon has been appointed to the position of Executive Manager – Marketing of Angostura Limited and its subsidiaries effective July 20, 2020. By order of the Board Kathryna Baptiste Assee Corporate Secretary
Please view Proxy Form here (PDF) Republic of Trinidad and Tobago The Companies Act, Chap. 81:01 (Section 144)
- Name of Company: ANGOSTURA HOLDINGS LIMITED, Company No. A-719(C).
- Particulars of Meeting: The Thirty-Eighth Annual Meeting of the Shareholders for the year ended December 31, 2019 to be held on the 5th day of August 2020 at 2:00 p.m. at Queens Hall, 1-3 St Ann’s Road, Port of Spain, Trinidad and Tobago.
- Solicitation: It is intended to vote the Proxy hereby solicited by Management of the Company (unless the Shareholder directs otherwise) in favour of all resolutions specified in the Proxy Form accompanying this Management Proxy Circular.
- Any Director’s statement submitted pursuant to Section 76(2): No statement has been received from any Director pursuant to Section 76(2) of the Companies Act, Chap. 81:01.
- Any Auditor’s statement submitted pursuant to Section 171(1): No statement has been received from the Auditors of the Company pursuant to Section 171(1) of the Companies Act, Chap. 81:01.
- Any Shareholder’s proposal submitted pursuant to Sections 116(a) and 117(2): No statement has been received from any Shareholder pursuant to Sections 116(a) and 117(2) of the Companies Act, Chap. 81:01.
View PDF here Pursuant to Section 67(2)(c) of the Securities Act, 2012 (“the Act”), Angostura Holdings Limited (“the Company”) wishes to advise its shareholders that a Management Proxy Circular and Proxy Form in relation to the Annual Meeting of Shareholders to be held on August 05 , 2020 (in accordance with Section 68 of the Act) are now accessible on the Company’s website at the following links: http://www.angostura.com/ or http://www.angostura.com/news-media/?t=1 The Notice of the Annual Meeting is also accessible on and can be downloaded from the Company’s website at the above-mentioned links. Printed copies of the above-mentioned documents may be obtained by: • contacting our Corporate Secretariat at (868) 623-1841 Ext. 141 or 160; or • emailing your request to firstname.lastname@example.org Should there be a need to obtain further information about the accessibility of the documents please do not hesitate to contact: Mrs. Kathryna Baptiste Assee Group General Counsel I Corporate Secretary Angostura Holdings Limited Corner Eastern Main Road and Trinity Avenue Laventille TRINIDAD July 16, 2020
View PDF here NOTICE IS HEREBY GIVEN that the Thirty-Eighth Annual Meeting of ANGOSTURA HOLDINGS LIMITED (“the Company”) for the year ended December 31 , 2019 will be held at Queens Hall, 1-3 St Ann’s Road, Port of Spain, Trinidad and Tobago, on the 5th day of August 2020, at 2:00p.m. to transact the following business: ORDINARY BUSINESS:
- To receive and consider the Report of the Directors and approve the Audited Financial Statements of the
- Company for the financial year ended December 31 , 2019 together with the report of the Auditors thereon;
- To elect a Director;
- To approve a fmal dividend of $0.17 per share for the fmancial year ended December 31 , 2019; and
- To transact any other business that may be properly brought before the meeting.
Notice to Shareholders The Directors have fixed Tuesday July 21, 2020, as the record date for the determination of Shareholders who are entitled to receive notice of the next Annual Meeting of Shareholders. Accordingly, only Shareholders on record at the close of business day are entitled to receive notice of the Annual Meeting. By order of the Board Kathryna Baptiste Assee Corporate Secretary