The Jamaica Stock Exchange (JSE) – Shareholders Approve Stock Split

The Jamaica Stock Exchange (JSE) advises that at an Extraordinary General Meeting held on October 25, 2016, the shareholders approved that each of the ordinary shares of the Company be subdivided into five (5) ordinary shares of no par value. Record date for the stock split will be November 8, 2016 and the ex-stock split date will be November 4, 2016.

In order to facilitate the stock split, an additional 561,000,000 ordinary shares will be listed, increasing the issued shares from 140,250,000 to 701,250,000.