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Financial News

Aug 2019 Financial News

JMMB Group Limited - Additional Public Share Offer

Aug 07, 2019

The Trinidad and Tobago Stock Exchange Limited (TTSE) received notice from JMMBGL advising that on August 02nd, 2019, their Board of Directors, via a Round Robin Resolution, approved a proposal for the Company to seek, at its Next Annual General Meeting, the approval of its ordinary shareholders to issue up to 325,000,000 additional ordinary shares in the capital of the Company, ranking pari passu upon issue, in all respects with the existing ordinary shares of the Company.


JMMBGL further advised that the terms and conditions of such issue of additional ordinary shares are to be determined by the Directors.


Source:
The Trinidad and Tobago Stock Exchange Limited
Wednesday 07 August, 2019