May 2024 Financial News

Trinidad Cement Limited - Notice of Annual General Meeting and Dividend Announcement

May 27, 2024

Notice is hereby given that the ANNUAL MEETING of TRINIDAD CEMENT LIMITED ("TCL" or "the Company") for the year ended December 31, 2023 will be held at the The Ballroom, Trinidad Hilton and Conference Centre, Lady Young Road, Port of Spain, Trinidad W.I. on Friday, July 5, 2024 at 2:00 p.m. This meeting is called for the transaction of the following business: 

ORDINARY BUSINESS 
1.    To receive and consider the Report of the Directors and the Audited Financial Statements for the financial year ended December 31, 2023 with the Report of the Auditors thereon;
2.    To declare the payment of a dividend for the year ended December 31, 2023;
3.    To elect Directors;
4.    To appoint Auditors and authorise the Directors to fix their remuneration for the year ending December 31, 2024;
5.    To authorise the Board of Directors to fix the remuneration of the Directors; and
6.    To transact any other business that may be properly brought before the meeting.

I. RECORD DATE
The Directors have fixed Thursday, May 23, 2024 as the record date for shareholders entitled to receive notice of the Annual Meeting. Formal Notice of the Meeting along with a Proxy Form and the Management Proxy Circular, shall be sent to shareholders listed on the Register of Members as at the close of business on that date, by post. A list of such shareholders will be available for examination by shareholders at the registered office of the Trinidad & Tobago Central Depository, 10th Floor, Nicholas Tower, 63-65 Independence Square, Port of Spain, during usual business hours and at the Annual Meeting. 

II. PROXIES
Members of the Company entitled to attend and vote at the Meeting are allowed to appoint one or more proxies to attend remotely and vote instead of them. A proxy need not also be a member. Where a proxy is appointed by a corporate member, the form of proxy should be executed under seal or signed by some officer or attorney duly authorised. 
To be valid, the proxy form must be completed and deposited at the registered office of the Trinidad & Tobago Central Depository, 10th Floor, Nicholas Tower, 63-65 Independence Square, Port of Spain, or completed and submitted via electronic mail to registrar@stockex.co.tt not less than 48 hours (excluding non-business days) before the time fixed for holding the Meeting. 

Ill. ANNUAL REPORT 
The electronic version of the Annual Report for the year ended December 31, 2023 can be accessed at www.tclgroup.com. 

Shareholders may also request a printed copy of the Annual Report by contacting the office of the Company Secretary as follows: 
Telephone: 1 (868) 225-8254 ext. 4631
Email: AGM.tcl@cemex.com 

IV. Dividend Announcement
On May 22, 2024, the Board of Directors of TCL resolved that a final dividend of TT$0.08 per ordinary share be recommended to the shareholders of the Company, at the Annual Meeting, for declaration pursuant to the Dividend Policy. Subject to the declaration of the recommended dividend by the shareholders, the payment shall be made on September 9, 2024 to shareholders listed on the Register of Members, as at a Record Date of August 13, 2024 and the Ex-Dividend Date of August 12, 2024.