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Pan-Jamaican Investment Trust Limited (PJAM) – Resolution

 

Pan-Jamaican Investment Trust Limited (PJAM) has advised that the following resolution was recommended by the Board of Directors at  its meeting held on February 29,2016: Special Resolution- Resolution for the Sub-Division of Shares – “That each of the 250,000,000 ordinary shares in the capital of the company be subdivided in 5 ordinary shares each thereby making a total share capital of 1,250,000,000 ordinary shares of no par value at the existing total stated capital of 2,141,985,000 with effect from the close of business on May 31, 2016”.
Please note that this Resolution is subject to approval at the Annual General Meeting scheduled for Thursday, May 26, 2016.