Apr 2012 Financial News

TCL Board Changes

Apr 03, 2012

Trinidad Cement Limited has advised that Dr. Leonard Nurse and Mr. Jeffrey McFarlance have resigned from the Board of the Company, effective March 28th 2012, to facilitate the appointment of Messrs. Jean Michel Allard and George Thomas, who are nominees of the Steering Committee of Lenders as part of the Group’s debt restricting program. Messrs. Thomas and Allard were appointed with effect from March 29th 2012 in accordance with Clause 4.4.2 of the Company’s By-Laws, which empowers the Board to fill the casual vacancies so created. These appointments will be submitted for ratification at the next TCL Annual Meeting.


Source:
Jamaica Stock Exchange
Tuesday April 3, 2012

http://www.jamstockex.com/controller.php?action=readnews&ContentID=16309