Mar 2012 Financial News

Stockholders Approval to Delist Supreme Ventures Limited (SVL) from the Trinidad & Tobago Stock Exchange

Mar 15, 2012

February 8, 2012

Dear Valued Shareholder:

Re: Stockholders Approval to Delist Supreme Ventures Limited (SVL) from the Trinidad & Tobago Stock Exchange

Further to our letter dated January 3, 2012, we hereby formally notify you that a meeting of the stockholders (holding stocks listed on the Trinidad and Tobago Stock Exchange) was held on the 2nd day of February 2012, at 10:00 a.m. At that meeting, 78% of stockholders attending in person or voting by proxy approved the delisting of SVL’s stocks from the Trinidad & Tobago Stock Exchange (TTSE).

Subsequent to our stockholders meeting, representatives of the TTSE met and approved the recommendation to delist SVL from the TTSE. The recommendation of the TTSE Board will be presented to the Board of the Trinidad and Tobago Securities and Exchange Commission (TTSEC).

In light of the approval of the resolution to delist SVL from the TTSE, we therefore take this opportunity to remind you of the options available to you in relation to your holdings:

(a) You may withdraw your stockholdings from the Trinidad & Tobago Central Depository (TTCD) and request a physical stock certificate in your name. In this event you should contact your broker who will facilitate this process.

(b) You may arrange for the stock that you presently hold through the TTCD to be transferred from the (TTCD) to the Jamaica Central Securities Depository (JCSD). This transfer will attract a fee of approximately US$25.00 per account. We will cover this transfer fee on your behalf. You can effect this transfer through your broker.

We very much value the support and interest of our stockholders listed in Trinidad and we encourage you to maintain your holdings through the Jamaica Stock Exchange (JSE) where we will be listed.

We not that following the delisting of the SVL’s stocks, you may continue to trade stocks through the Jamaica Stock Exchange (JSE) by direct contact with a stockbroker in either territory.

We urge you to contact your stockbroker or TTCD to discuss the option that will facilitate the necessary transfer before March 20, 2012.

In the event that you select neither option by March 20, 2012, SVL’s Registrar will issue a share certificate replacing your holdings registered through TTCD.

We look forward to your continued support.

Yours truly,
SUPREME VENTURES LIMITED

Winsome Minott
Company Secretary


Source:
The Trinidad and Tobago Stock Exchange Limited
Thursday March 15, 2012