Apr 2016 Financial News

Trinidad Cement Limited - Delisting from the ECSE (Press Release)

Apr 08, 2016

Delisting of TCL Shares from the Eastern Caribbean Securities Exchange

Trinidad Cement Limited (“TCL”) hereby advises that by letter dated March 8, 2016, the Eastern Caribbean Securities Exchange (“ECSE”) confirmed that TCL was delisted from the ECSE effective March 1, 2016. Accordingly, TCL’s trading symbol was removed from the ECSE’s trading board and all securities were transferred to the Trinidad and Tobago Central Depository.

As previously reported, at the last Annual Meeting of TCL held on July 20, 2015, Shareholders duly considered and passed Special Resolutions for the shares of TCL to be delisted from, inter alia, the ECSE in accordance with statutory and regulatory guidelines.

The reasons for delisting were that trading volumes and frequency were minimal and the negative financial consequence of annual listing/maintenance charges required to be paid to the ECSE.

This Notice is published pursuant to Section 64(1)(b) of the Trinidad and Tobago Securities Act, 2012.

Source:
The Trinidad and Tobago Stock Exchange Limited
Friday April 8, 2016