PRESS RELEASE
Delisting of the Ordinary Shares of FirstCaribbean International Bank (Jamaica) Limited from the Jamaica Stock Exchange
The Bank has been advised that the Board of the Jamaica Stock Exchange (JSE) has determined that the ordinary shares of the Bank shall be delisted from the Exchange with effect from the close of business on Friday, December 30, 2011.
In order to enable minority holders of the ordinary shares to dispose of their shares before the delisting if they wish to do so, the Bank intends, in accordance with section 58 of the Companies Act and Rule 413 of the JSE Rules, to buy back ordinary shares for cancellation at the fixed price of $13.25 each from minority holders who wish to sell their shares to the Bank up to December 27, 2011.
Letters to the minority holders of the ordinary shares containing details of the delisting and the process, including the manner in which acceptances should be made will be issued shortly.
