Dec 2017 Financial News

Trinidad Cement Limited - De-registration as a Reporting Issuer of the Guyana Securities Council

Dec 14, 2017

On January 20, 2016 Trinidad Cement Limited (“TCL”) advised shareholders that its application for the delisting of its shares from the Guyana Association of Securities Companies and Intermediaries Inc. (“GASCI”) has been granted by an Order of the GASCI dated January 11, 2016. The delisting was effective as at the opening of trading on Monday, January 18, 2016.

The reasons for the delisting included the fact that trading volumes and frequency in Guyana were minimal, there were no TCL shareholders resident in Guyana, and the negative financial consequences of annual listing/maintenance charges required to be paid to the GASCI.

TCL is please to advise that, following the delisting, its application for de-registration as a reporting issuer of the Guyana Securities Council has been approved by Order dated and effective as of October 4, 2017. The Guyana Securities Council informed TCL of the said Order approving the de-registration on December 11, 2017.


Source:
The Trinidad and Tobago Stock Exchange Limited
Thursday December 14th 2017