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Financial News

May 2016 Financial News

Trinidad Cement Limited - Notice

May 12, 2016

Trinidad Cement Limited (TCL) wishes to state the following in relation to two articles recently published in the Guardian newspaper, which referred to shares traded by shareholders connected to the Chairman of its Board of Directors:

  1. The transactions were duly reported by the Chairman to the Trinidad and Tobago Securities and Exchange Commission, as required under Section 136 (2) of the Securities Act, 2012 (“the Act”).
  2. The transactions were also duly reported by the company to the Trinidad and Tobago Stock Exchange (“TTSE”), as required under Rule 604 of the TTSE Rules. In addition, the transactions were reported by the company to the Trinidad and Tobago Securities and Exchange Commission
  3. None of the transactions constitutes a “material change” under Section 4 of the Act requiring disclosure under Section 64(1) of the Act.

In summation, TCL continues to be fully committed to all statutory and regulatory requirements.

 

Source:
The Trinidad and Tobago Stock Exchange Limited
Thursday May 12, 2016