JMMB Group Limited (JMMBGL) has advised of the passing of Mr. Rodger Braham, a director on the board of JMMBGL. Mr. Braham died after a brief illness on Tuesday, May 10, 2016.Mr. Braham was appointed to the JMMBGL Board in 2008 and sat on the following committees:Group Risk, Nomination and Corporate Governance Board Committees;JMMB Merchant Bank […]
JMMB Group Limited (JMMBGL) has advised that JMMBGL is reorganising the membership and structure of the Board of Directors of some of its subsidiary companies, for greater efficiency and to further strengthen corporate governance. Coming out of the restructuring exercise, the following changes became effective on April 15, 2016:Resigning from the Board of Jamaica Money Market Brokers […]
Appointment in JamaicaJMMB Group Limited (JMMBGL) has advised that effective April 1, 2016, Mrs. Claudine Campbell-Bran was appointed as Deputy Company Secretary for JMMB Group Limited and its Jamaican subsidiaries, namely Jamaica Money Market Brokers Limited, JMMB Merchant bank Limited, JMB Fund managers Limited, JMMB Securities Limited, JMMB Money Transfer Limited, Capital and Credit Securities […]
JMMB Group Limited (JMMBGL) has advised that dividend will be paid on April 14, 2016 for both preference shares and thereafter, will be due and payable quarterly on the 14th day of the relevant months i.e. July, October, January and April. If such date falls on a day other than a business day, payment will […]
JMMB Group Limited (JMMBGL) Preference Share Offer, which closed on, January 4, 2016, resulted in the following:Both the Cumulative Redeemable 6.00% USD Preference Shares and the Cumulative Redeemable 7.50% Variable Rate JMD Preference Shares, being oversubscribed by 33, 783,500 and 327,548,000 respectively.2,000,000 Cumulative Redeemable 5.75% USD Preference Shares was offered, however, only 213,500 shares was […]
JMMB Group Limited (JMMBGL) has advised that connected parties sold 1,000,000 units of JMMBGL shares on December 10, 2015.
JMMB Group Limited (JMMBGL) has advised that Mrs. Imani Duncan-Price, JMMB Group Strategy Chief Officer has tendered her resignation effective November 27, 2015. JMMBGL also advised that Mrs. Duncan-Price would be joining the People’s National Party to represent the St. Andrew East Rural constituency in the next general election
JMMB Group Limited (JMMBGL) has advised that the Board of Directors declared an interim dividend of $0.19 per share payable on December 18, 2015 for shareholders on record as at November 30, 2015. The ex-dividend date is November 26, 2015.
JMMB Group Limited (JMMBGL) has advised that the Board of Directors will be convening a special meeting on Friday, November 13, 2015 to consider an interim dividend payment on the company’s ordinary shares.
JMMB Group Limited (JMMBGL) has advised that the Extraordinary General Meeting held on Wednesday, September 16, 2015 had 100% of the members present in person or by proxy at the meeting. They also advised that voting at the meeting approved the resolution for the issuance of six (6) billion Cumulative Redeemable Preference Shares.