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GWEST Corporation Limited (GWEST) – Fourth Quarter Option for Filing Financial Statements

GWEST Corporation Limited (GWEST) has responded to an advisory from the Regulatory Market Oversight Division (RMOD) of the Jamaica Stock Exchange (JSE) which outlined the requirements of  the JSE’s Junior Market Rule Appendix 2, Part 4 – Fourth Quarter Option, based on the Company’s listing on December 21, 2017.  RMOD states that under the Rule, GWest has the option to file its fourth Quarter Results for the period ending March 31, 2018 as follows:

“1. Fourth Quarter Financial be submitted 45 days (unaudited) and 90-day (Audited); 0r

2. 60-days Audited Financial Results”

RMOD further stated, “if GWEST elects option 1, the Company would be expected to file its 4th Quarter Financial Statements by May 15, 2018 and its Audited Financial Statement by June 29, 2018.  Alternatively, if GWEST elects option 2, the Company would forego the filing of a 4th Quarter Statement and submit its Audited Financial Statements by May 30, 2018”. 

GWEST has advised that the Company has elected to exercise option 2, which is filing with the JSE the audited financial results by May 30, 2018, for GWEST Corporation Limited year ending March 31, 2018.

GWEST further advised that an ad has been placed with The Gleaner informing the public that the 3rd quarter unaudited financial results are available on the JSE’s website, and will appear in the newspaper on Thursday, February 22, 2018.