Dec 2011 Financial News

The Barbados Shipping & Trading Company Limited - Suspension of Trading

Dec 13, 2011

The Trinidad and Tobago Stock Exchange Limited (the Exchange) wishes to advise the investing public that pursuant to Exchange Rule 115, trading in The Barbados Shipping & Trading Company Limited (BST) would be suspended effective Wednesday 14th December, 2011.

Rule 115 states that the Stock Exchange may in its discretion suspend trading in a security where it is of the opinion that it is fair and reasonable to do so having regard to the smooth and fair operations of the stock market.

Pursuant to the amalgamation of BST and BS&T Holdings Limited, effective September 30th, 2011, Neal & Massy Holdings Limited (NML) became the owner of 100% of the issued and outstanding shares of BST. In completion of this transaction NML has begun paying minority shareholders for their shares in BST. As a result there would be no further trading in BST.

Please be guided accordingly.


Source:
The Trinidad and Tobago Stock Exchange Limited
Tuesday December 13, 2011