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Financial News

Mar 2019 Financial News

Eppley Caribbean Property Fund Limited SCC - Intention to cross-list the cellular shares of the Value Fund on JSE

Mar 08, 2019

Eppley Caribbean Property Fund SCC Limited (“ECPF”) wishes to announce its intention to cross-list the cellular shares of the Value Fund (“the Value Fund Shares”) on the Jamaica Stock Exchange.

The Value Fund Shares are currently listed on the Barbados Stock Exchange and the Trinidad and Tobago Stock Exchange.

ECPF believes that cross-listing the Value Fund Shares on the Jamaica Stock Exchange will enhance their liquidity and make them available to wider universe of investors.

The Board of Directors has authorized ECPF’s fund managers, Eppley Fund Managers Limited, to evaluate the process of cross-listing the Value Fund Shares with the support of ECPF’s attorneys, investment bankers and other professional advisors.

If a decision is made by the Board of Directors to cross list the Value Fund Shares, Eppley expects that the cross-listing is likely to take place by the end of the second quarter of 2019 subject to any relevant regulatory approvals.

Source:
The Trinidad and Tobago Stock Exchange Limited
Friday 08 March, 2019