Ciboney Group Limited (CBNY) – Proposed Change in Share Ownership

Posted: July 31, 2019 at 4:47 pm

Ciboney Group Limited (CBNY) has provided the following disclosure:

“Please be advised that Finsac’s previous attempts to dispose of its 72% shares in Ciboney Group Limited were aborted and hence it is proposing to again approach the market to invite prospective investors to acquire these shares. We understand, in pursuance of this objective, Finsac intends to advertise this opportunity in the Sunday Gleaner of August 4, 2019 to seek to identify a purchaser.

“Should this be successful, then it is anticipated that a change of ownership will be effected during the second quarter of the current financial year.”

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