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Financial News

May 2008 Financial News

Delisting of Capital and Credit Merchant Bank Limited (CCMB)

May 13, 2008

In March 2008, shareholders of Capital and Credit Merchant Bank Limited (CCMB) unanimously approved a corporate re-organization pursuant to which the shareholders of CCMB will transfer their ordinary shares in CCMB to the parent company, Capital and Credit Financial Group Limited (CCFG) in return for a combination of ordinary shares in CCFG and CCMB preference shares.

The Trinidad and Tobago Stock Exchange Limited (the Exchange) wishes to advise that pursuant to an application submitted by the Exchange, and an order from the Securities and Exchange Commission, the ordinary shares of CCMB will be delisted from the official list of the Exchange on the morning of Thursday 15th May, 2008.

Simultaneously, the CCFG ordinary shares and the CCMB preference shares will be added to the official list.


Source:
The Trinidad and Tobago Stock Exchange Limited
Tuesday May 13, 2008