GraceKennedy Limited - Notice of Share Repurchase

Jul 23, 2024

The Trinidad and Tobago Stock Exchange Limited (TTSE) received notice from GKC advising that they repurchased the shares outlined below under their share repurchase programme.

Date of Purchase	Number of Ordinary Shares Purchased	Price
July 08^th, 2024	42,120	JM$73.20
July 08^th, 2024	40,124	JM$74.00
July 08^th, 2024	9,876	JM$73.99
July 10^th, 2024	1,778	JM$73.20
July 10^th, 2024	1,789	JM$73.95
July 10^th, 2024	48,222	JM$73.99
July 11^th, 2024	2,242	TT$3.69
July 11^th, 2024	409	TT$3.70
July 12^th, 2024	31,128	TT$3.89
July 15^th, 2024	15,935	JM$73.45
July 15^th, 2024	100,000	JM$73.50
July 16^th, 2024	166,221	TT$3.89
July 17^th, 2024	12,550	JM$72.51
July 17^th, 2024	62,450	JM$73.00
Total	534,844

GKC furhter advised as follows:

The purpose for the purchase is to enhance shareholder value.
The maximum intended repurchase is up to 1% of the shares in issue (approximately 9,950,000 shares). The actual repurchased a at July 17^th, 2024 is a total of 3,327,566 shares.
The effective date of the purchase - per table above.
The source of funding of the purchase is GKC's cash flows.
The method of effecting the purchase is on the open market via GKC's broker.

Source:

The Trinidad and Tobago Stock Exchange

Tuesday, 23^rd July, 2023.

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GraceKennedy Limited - Notice of Share Repurchase