Port of Spain, Trinidad. October 21st, 2020: Angostura® has introduced new labels with advisories on its latest products. The upgraded labels on White Oak Watermelon Flavoured Rum inform consumers about the number of calories per drink and warning signs such as underage consumption, driving under the influence, and drinking during pregnancy. This latest initiative puts Angostura® ahead of many of its international counterparts with the introduction of the new labels which will now increase the information on our rum products to consumers. The White Oak Watermelon Flavoured Rum was launched in August and it’s the latest addition to Angostura’s rum portfolio. The labels on White Oak Sorrel and Coconut Flavoured Rums also have warning signs and a responsibility statement. The advisory labels will be introduced to all new products and will be rolled out to existing products within the next year. Angostura’s CEO (Ag.) Ian Forbes says, “This is really a natural progression for us, because consumers need to better understand what they are purchasing and drinking. It has coincided well with the launch of several new and exciting products from us, such as our White Oak Watermelon Flavoured Rum. Despite a difficult year for the industry with the pandemic affecting sales, we will continue to work towards ensuring these new labels are on all of our brands.” Mr. Forbes says while this is an expensive process, Angostura sees this latest improvement on the labels of its rum products as the company’s duty. He added that Angostura has always led by example and he hopes other companies will also follow suit. The West Indies Rum & Spirits Producers Association (WIRSPA) says the agreement with producers to improve their labels was made in mid-2019, with a commitment to implement within a 24-month period, to allow time to adjust packaging and to design and phase in new labels. CEO of WIRSPA, Vaughn Renwick says, “This is a ground-breaking commitment by rum brands, like Angostura, as it takes time to design new labels and to phase out old stock and sometimes even bottles have to be changed. It’s an expensive process. We are pleased to see that Angostura has been able to implement the changes on some brands already, especially bearing in mind the tremendous financial and logistical challenges posed by the COVID pandemic.” Angostura remains committed to ensuring that our customers are kept informed about all our products.
Port of Spain, Trinidad. September 25th, 2020: Seven companies have decided to come on board and join with Angostura® and the Coosal’s Group of Companies to help the Boodram family from Wilson Road, Penal. After the companies learnt of the situation and the support given by Angostura® and Coosal’s, they discussed with Angostura how they can also lend assistance to this worthy cause. The companies are: Unicomer (Trinidad) Ltd, Persad’s D Food King Group, Nigel R. Khan Bookselling Group, TSTT, Memory Bank Computers Limited, Kaleidoscope Paints Limited and Blue Waters Products Limited. Unicomer (Trinidad) Ltd will be donating a living room set, dining room set, refrigerator, gas cooker, twin tub washer and mattresses. Persad’s D Food King Group will be assisting the siblings with groceries for one year. The Nigel R. Khan Bookselling Group will be giving the 12-year old a gift card to purchase school supplies and books for the next several years until he completes Form 5. TSTT is pledging internet service for a one-year period. Memory Bank Computers Limited is gifting three Lenovo tablets to assist with online learning. Kaleidoscope Paints Limited is providing the paints for the siblings’ house and Blue Waters Products Limited will be supplying cases of water every month for one year. The Coosal’s Group of Companies is contributing the building materials for the family, including roofing supplies, and Angostura® is purchasing all the electrical items required. On September 12th, 2020 Angostura® and the Coosal’s Group of Companies announced that they will be partnering to help the Boodram family after coming across their story that was published in the Guardian newspaper and aired on CNC3. The three siblings aged 12, 18 and 21 were evicted by close relatives following the death of their parents and have been constructing their own house with the help from Samaritans. In fact, on September 15th, 2020 officials from Angostura® and the Coosal’s Group of Companies visited the family and saw the 12-year-old boy and his 18-year-old sister, Meera Boodram, actively involved in the construction of their home. Angostura’s Executive Manager-Corporate Services, Mr. Rahim Mohammed says, “It’s not every day that you see a 12-year-old mixing sand and cement and putting up blocks for his home and taking such ownership to secure a better future for his family and him. It is heart-breaking to see that he must go through this when children his age should be involved in online classes right now. As a matter of fact, what we saw in Wilson Road, Penal with a brother and sister team building their home, is a sign of resilience. As a corporate entity we can make a difference in their lives and that is what the Angostura® and Coosal’s teams are doing. With the support from the seven other companies, together we will change the lives of these siblings.” Executive Chairman of the Coosal’s Group of Companies, Mr. Sieunarine Coosal says, “The story of the young Boodram family sadly is not unique, as thousands of families are faced with severe socio-economic circumstances, not only impacted as recent as the effects of the COVID-19 pandemic, but a myriad of other humbling situations presented to us on a daily basis. When their story was highlighted, Angostura® and Coosal’s collaborated in order to bring the desired relief for their immediate needs. We are delighted by bringing awareness to this because it brought an immediate response by corporate Trinidad and Tobago to mobilize support for the provision of items, not only for proper shelter, but will ensure their long-term advancement. The exemplary character of these children is a template for others to follow. It shows with perseverance and the desire to succeed you can achieve a positive outcome.” Managing Director of Unicomer (Trinidad) Ltd, Mr. Clive Fletcher says, “Unicomer (Trinidad) Ltd is proud to lend our support to this initiative. We believe that with strength, resilience and compassion we can rebuild and restart the lives of others who may be faced with unprecedented challenges. We are thankful for the opportunity to contribute and support our future generation.” General Manager-Enterprise Services of TSTT, Mr. Ian Galt says, “TSTT has always been committed to investing in the education of our nation’s young people. We understand the grave impact that the COVID-19 pandemic has had, especially to families already facing constraints. The company has been working assiduously to support the Ministry of Education’s campaign, “No child is left behind”. On hearing the plight of the Boodram family, TSTT was happy to partner with Angostura®, one of our very valued customers, to do our part. We believe that it is critical to equip these children with the necessary tools needed to enable them to access remote learning.” Managing Director of Memory Bank Computers Limited, Mr. Akiel Ghany says, “Enhancing the delivery of education through information technology has long been a passion of Memory Bank Computers and our team. We are happy to donate three Lenovo tablets to the Boodram siblings to assist them in e-learning and in exploring the limitless possibilities that technology can bring to our society and the world.” Director of Persad’s D Food King Group, Mr. Vernon Persad says, “We feel blessed and honoured to be included in partnering with other national stakeholders in ensuring that this family’s nutritional needs and quality of life are secured and tangibly improved. We pledge our commitment to supporting the Boodram siblings monthly over the next year with their food sustenance. We are treating and caring for you like family.” Managing Director of Nigel R. Khan Bookselling Group, Mr. Nigel R. Khan says, “Education has the power to transform any situation. We will provide our global gift card for purchase of books and supplies this year and each year until the 12-year-old completes Form 5. There is no gift like the gift of education. The Nigel R. Khan Bookseller Group is proud to partner with legacy companies such as Angostura® and Coosal’s in bringing the beauty of education, inspiration and transformation to our beautiful Trinidad and Tobago.” CEO of Kaleidoscope Paints Limited, Mr. Dale Parson says, “Kaleidoscope has joined Angostura® and Coosal’s in a corporate effort to help the siblings. We saw this initiative as our corporate social responsibility and pledge to support these kids in need with nowhere to live. Kaleidoscope Paints Limited will supply the paints to the Boodram family for their house.” Executive Chairman of Blue Waters Products Limited, Mr. Dominic Hadeed says, “We are always committed to supporting those in need; we are proud to partner with Angostura® to assist the Boodram family.” Angostura® and the Coosal’s Group of Companies would like to thank Unicomer (Trinidad) Ltd, Persad’s D’ Food King Group, Nigel R. Khan Bookselling Group, TSTT, Memory Bank Computers Limited, Kaleidoscope Paints Limited and Blue Waters Products Limited for stepping in to bring joy to the Boodram family and improving their lives. Together, we can make a difference in our beloved country. Together, we are resilient!
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.