Derrimon Trading Increases Stake in CFF

Derrimon Trading Company Limited (DTL) has advised that it has commenced a process to acquire an additional 23,379,208 stock units in Caribbean Flavours and Fragrances Limited (CFF). The sum prepaid is J$105,206,436.00 which on completion, would translate to a price of J$4.50 per stock unit. The prepayment was made pursuant to a Deed dated December 15, 2016. DTL has further advised that is presently in discussions with the FSC as to the implementation of such follow-up actions that may be required by applicable laws or regulations.