Jamaican Teas Limited (JAMT) has advised that the Board meet, discussed and approved all three resolutions as listed below.
- Approval of a stock split of Shares in JAMT ;
- Approval of a second tranche of stock options for directors and stock purchase for staff of 8 million shares;
- Approval for a renounceable rights issue for Shareholders of JAMT
JAMT has also advised that the proposed record date for the stock split is March 17 2016.