Sep 2018 Financial News

JMMB Group Limited - Notice of Special Resolution

Sep 25, 2018

The Trinidad and Tobago Stock Exchange Limited (TTSE) received notice from JMMBGL advising that at its Annual General Meeting held on September 19th, 2018, the shareholders unanimously passed the following Special Resolutions:

1. “BE IT RESOLVED AS A SPECIAL RESOLUTION that the Company be and is hereby authorised to issue and allot to successful applications up to $4,000,000,000 new Cumulative Redeemable Preference Shares, with such rights/restrictions and terms and manner of redemption as shall be determined on behalf of the Company by the Directors of the Company or a Committee of Directors of the Company appointed by the Directors for such purpose.”
    
2. “BE IT RESOLVED AS A SPECIAL RESOLUTION that all of the Company’s issued and outstanding Ordinary Shares be delisted from the Barbados Stock Exchange in accordance with the Rules of the Barbados Stock Exchange Inc. dated October 12th 2015, the Securities Act, Cap. 318B of the laws of Barbados and any other applicable laws of Barbados and that the Directors of the Company be and are hereby authorized and directed to do all things necessary or desirable to give effect to the delisting.”
    

Source:
The Trinidad and Tobago Stock Exchange Limited
Tuesday 25 September, 2018