Feb 2023 Financial News

GraceKennedy Limited - Notice of Material Information

Feb 15, 2023

On the anniversary of its 101st year in business, GraceKennedy (GK) Limited has announced that it has come to an agreement with Spike Industries Limited to increase its stake in Catherine’s Peak Bottling Company Limited, owner of the Catherine’s Peak pure spring water brand, from 35% to 70%.

The transaction, which remainssubject to customary closing conditions, places GK in an even stronger strategic position within the Jamaican spring water market. With GK as its majority shareholder, Catherine’s Peak Bottling Company Limited will become a subsidiary of the GraceKennedy Group.

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The Trinidad and Tobago Stock Exchange Limited
Wednesday 15th February, 2023