Securing Your Future Is Our Main Investment

Updated: 27-03-2024 - 12:00PM   8 7 CLOSED

Financial News

Mar 2017 Financial News

National Commercial Bank Jamaica Limited - Suspension of Trading (Update)

Mar 07, 2017

Following a notice by the Trinidad and Tobago Stock Exchange Limited (TTSE) dated March 03, 2017, NCBJ formally applied for the delisting of its shares on the TTSE with effect from March 16, 2017 and simultaneously list an equal number of new NCBFG ordinary shares, pursuant with the implementation of its Scheme of Arrangement (SOA).

In connection with the foregoing, the following revised timeline is proposed:

                                           Step

          Target Date

 (1) Suspension of trading in NCBJ Ordinary Shares

 March 10, 2017

 (2) Closing register of members for NCBJ

 March 10, 2017

 (3) *De-listing of NCBJ Shares

 March 16, 2017

 (4) *Listing of NCBFG Shares

 March 16, 2017

*An application for de-listing was made to the Trinidad and Tobago Securities and Exchange Commission (TTSEC) on March 07, 2017. The dates of de-listing of NCBJ and listing of NCBFG are pending the approval of the application.

 

Source:
The Trinidad and Tobago Stock Exchange Limited
Tuesday March 7, 2017