Jun 2012 Financial News

CCFG - Resignation of Directors

Jun 28, 2012

Capital & Credit Financial Group Limited (CCFG) has informed the Stock Exchange that pursuant to the Offer by Jamaica Money Market Brokers Limited to acquire all the issued ordinary shares in CCFG and consequent upon 93% of the said CCFG ordinary shares being taken up under the offer by the Shareholders and in accordance with the terms of the conclusion of the Offer, the Chairman and the Board of Directors of CCFG and all the Subsidiaries of CCFG have resigned as Directors effective on the date of the appointment of the new Directors by JMMB.

The Subsidiaries of CCFG are Capital & Credit Merchant Bank Limited, Capital & Credit Securities Limited, Capital & Credit Remittance Limited, Capital & Credit Fund Managers Limited, Capital & Credit Holdings Inc. and Capital & Credit International Inc.

The following are the names of the Directors whose resignations have been tendered:
- Mr. Ryland T. Campbell
- Mr. Andrew B. Cocking
- Mr. Curtis Martin
- Mrs. Maria Jones
- Mr. Kelvin Roberts
- Mr. Gregory Shirley
- Mr. Patrick Thelwell
- Mrs. Audrey Deer-Williams


Source:
The Trinidad and Tobago Stock Exchange Limited
Thursday June 28, 2012