Nov 2020 Financial News

JMMB Group Limited - Notice of Public Offering of Preference Shares

Nov 12, 2020

The Trinidad and Tobago Stock Exchange Limited (TTSE) received notice from JMMBGL advising that at its Board of Directors meeting held on Monday, November 09th, 2020, the Board approved the Company conducting a public offering of Cumulative Redeemable Preference Shares (the “Offer”).

The Offer is solely being made in Jamaica and the distribution of the Prospectus shall only take place in Jamaica. The details entailing the terms of the Offer will be disclosed in the Prospectus when issued, subject to the receipt of all regulatory approvals.

It is intended that upon the successful conclusion of the Offer, JMMBGL will apply to the Jamaica Stock Exchange (JSE) for the preference shares to be listed on that exchange.

 

Source:
The Trinidad and Tobago Stock Exchange Limited
Thursday 12th November 2020