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Jamaica Public Service Company Limited Transcript from the Board Of Directors meeting held on April 27, 2023

RESOLVED that a quarterly dividend of 1 ¾ % on the 7% Cumulative Preference Shares “B” of the Company be and hereby is declared payable on the 30th June 2023 out of the net revenues of the Company for the year ending 31st December, 2022 and/or out of undistributed net revenues of previous years, to Preference “B” shareholders on record at the close of business on the 15th day of June 2023 will be paid at a rate of $0.035 per unit.

RESOLVED that a quarterly dividend of 1 ¼ % on the 5% Cumulative Preference Shares “C” of the Company be and hereby is declared payable on the 30th June 2023 out of the net revenues of the Company for the year ending 31st December, 2022 and/or out of undistributed net revenues of previous years, to Preference “C” shareholders on record at the close of business on the 15th day of June, 2023 will be paid at a rate of $0.025 per unit.

RESOLVED that a quarterly dividend of 1 ¼ % on the 5% Cumulative Preference Shares “D” of the Company be and hereby is declared payable on the 30th June, 2023 out of the net revenues of the Company for the year ending 31st December, 2022 and/or out of undistributed net revenues of previous years, to Preference “D” shareholders on record at the close of business on the 15th day of June, 2023 will be paid at a rate of $0.025 per unit.

 

RESOLVED that a quarterly dividend of 1 ½ % on the 6% Cumulative Preference Shares “E” of the Company be and hereby is declared payable on the 30th June, 2023 out of the net revenues of the Company for the year ending 31st December, 2022 and/or out of undistributed net revenues of previous years, to Preference “E” shareholders on record at the close of business on 15th day of June, 2023 will be paid at a rate of $0.030 per unit.