Alexander Forbes Group Holdings Limited advised that all the conditions precedent to the Mercer Sale Agreement had been fulfilled and that the Mercer Sale Agreement is fully unconditional. Shareholders are further reminded that following the implementation of the Mercer Sale Agreement, the company's relationship agreement with Mercer will terminate effective 15 July 2022 and as a consequence was O'Regan has also resigned as a director of the company with effect from 15 July 2022.