Jamaican Teas Ltd (JAMT)- Announcement re purchase of new factory

Jamaican Teas Limited (JAMT) advises that the company has recently entered into an agreement to acquire property in Temple Hall, St. Andrew, comprising some 60,000 square feet of factory buildings on about 3 acres of land. Completion of this agreement is expected in or before November 2023. This property will be used to house our manufacturing facilities now located at Bell Road and Montgomery Avenue, St. Andrew. We will begin relocating to the Temple Hall facility by the end of 2023.