Caribbean Flavours and Fragrances Limited (CFF) – Board Approved Resolution for Increased Share Capital and Stock Split

Posted: September 1, 2020 at 9:12 am

Caribbean Flavours and Fragrances Limited (CFF) has advised that the Board of Directors has resolved that among the resolutions to be considered and voted upon by shareholders at the Company’s Annual General Meeting to be held at 2:00 p.m. on Friday, September 25, 2020, at The Knutsford Court Hotel, are the following:

1. “THAT the authorized share capital of the Company be increased from 91,452,000 shares to 2,600,000,000 shares by the creation of an additional 2,508,548,000 ordinary shares each ranking pari passu in all respects with the existing ordinary shares or stock units in the capital of the Company.”

2. “THAT each of the issued ordinary shares in the capital of the Company be subdivided into 10 ordinary shares with effect from the close of business on October 1, 2020 resulting in the total issued share capital of the Company being increased from 89,920,033 ordinary shares of no par value to 899,200,330 ordinary shares of no par value.”

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