Mar 2016 Financial News

One Caribbean Media Limited - Notice to Shareholders

Mar 29, 2016

Final Dividend Announcement

Please be advised that at a Board Meeting held on Thursday March 24, 2016 the Directors approved a final dividend of forty-nine (TT$0.49) cents per share bringing the total dividend declared to seventy-six (TT$0.76) cents for the year ended December 31, 2015. The dividend will be paid on April 29, 2016.

Audited Consolidated Financial Statements

One Caribbean Media Limited’s Consolidated Financial Statements for the year ended December 31, 2015 will not be completed for presentation to its Board of Directors by March 30, 2016.

There are certain technical disclosure details required by International Financial Reporting Standards (IFRS) and the International Financial Reporting Interpretations Committee (IFRIC) which are still being settled and are engaging the attention of our auditors.

These technical disclosure details have no impact on reported earnings, earnings per share, shareholders’ equity or net assets of the Group.

The Consolidated Financial Statements will be approved and the results reported on or before April 30, 2016.

Source:
The Trinidad and Tobago Stock Exchange Limited
Tuesday March 29. 2016