Carreras Limited (CAR) – Trade Marketing and Distribution Restructuring Exercise

Carreras Limited (CAR) has advised that it will be undertaking a restructuring exercise as at January 31, 2016 as part of a bid to streamline operations and improve effectiveness to remain viable and sustainable in the face of a changing business and economic environment. CAR also advised that the exercise will be carried out in keeping with Regulation 11 of the Employment (termination and Redundancy Payments ) Act, 1974 (as amended) and Company policies.