Sagicor Financial Corporation (SFC) has given notice to the Jamaica Stock Exchange (JSE) that it will be de-listing its shares from the board of the JSE, effective September 16, 2009.
The main reason for the decision is the insignificant trading activity in the Company’s shares which did not justify the operational cost of maintaining this listing.
SFC’s experience with the JSE has been a positive one. The company expresses gratitude to the Board, Management and Staff of both the JSE and the Jamaica Central Securities Depository (JCSD) for their assistance and cooperation over the period of listing. The company remains supportive of the Jamaican market and look forward to having SFC shares traded through the Caribbean Exchange Network (CXN) in the future.
Shareholders whose shares are deposited in the Jamaica Central Securities Depository are requested to contact their Broker to arrange to have their shares transferred either to:
· The Barbados Central Securities Depository to facilitate trading on the Barbados Exchange, or
· The Trinidad and Tobago Central Depository to facilitate trading on the Trinidad and Tobago Stock Exchange, or
· The Depositary Interest Register maintained to facilitate trading in CREST on the London Stock Exchange.
