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Fidelity Life appoints Grant Samuel as adviser

Fidelity Life appoints Grant Samuel as independent adviser

The Board of Fidelity Life has appointed Grant Samuel & Associates as an independent adviser for the proposed takeover bid from Tower Limited, in accordance with the Takeovers Code.

Grant Samuel & Associates will prepare an independent report on the merits of the offer. If a formal takeover offer is made for the shares in Fidelity Life, the Board will send a copy of the independent report to Fidelity Life shareholders in due course, together with its target company statement, as required under the Takeovers Code.

ENDS

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