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Mandatory Suspension of SSL Venture Capital Jamaica Limited for Breaches of JSE’s Junior Market Rules

 The Jamaica Stock Exchange (JSE) has advised of the continued suspension of trading in the shares of SSL Venture Capital Jamaica Limited (SSLVC) for breaches of JSE’s Junior Market Rule:

“In accordance with JSE Junior Market Rule 505, Section 14 (a) (i), the Jamaica Stock Exchange (JSE) has decided to continue with the suspension of trading in the shares of SSL Venture Capital Jamaica Limited (SSLVC) due to its failure to satisfy the following breaches:

•   JSE Junior Market Rule Appendix 2, Part 4, Section 2 (b) (i) – Requirements for Financial Reporting, Audited Annual Financial Statements.
•   JSE Junior Market Rule 505 (10) – Financial Reporting.
•   JSE Junior Market Rule Appendix 4, Section (2) – Admission Agreement – “On admission, and at all times during which the company is a Junior Market Company, to comply with the provisions of Rule 5045 as regards to ongoing requirements, and any other requirements imposed by the JSE in its absolute discretion, from time to time.

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CONTACT:

Michael B Johnson
Jamaica Stock Exchange
Tel: (876) 967-3271
Fax: (876) 924-9090