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Financial News

Sep 2009 Financial News

Sagicor Financial Corporation - Amended De-listing from the Jamaica Stock Exchange

Sep 09, 2009

The following notice was received from Sagicor Financial Corporation.

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. We express our 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. We remain 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 Stock
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.


Source:
The Trinidad & Tobago Stock Exchange Limited
Wednesday September 9, 2009