Caribbean Flavours and Fragrances Limited (CFF) has advised that their Board of Directors will convene a special meeting on August 27, 2020, to consider the approval of resolutions to increase the authorized share capital and approve Stock Split accordingly:
- “THAT the authorised 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.”
- “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 September 23, 2020 resulting in the total issued shares 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.”
