Sygnus Credit Investments Limited (SCI) Announces Plans For The Delisting Of Cross-Listed Shares On The Jamaica Stock Exchange

• SCI has advised that a decision was made on February 10, 2023, by the Board of Directors to pursue the de-listing of its cross-listed ordinary JMD and USD shares on the Jamaica Stock Exchange (JSE).
• The Shares of SCI were listed on the Main Jamaican Dollar Market (JMD Market) and the US Dollar Market (USD Market) of the JSE on June 18, 2018. At the time of listing the Shares were also cross-listed on both markets, and as such, the JMD Shares could be traded on the USD Market and the USD shares could be traded on the JMD Market.
• Trading across markets is extremely low in volume when compared to trading on the Main Market for the JMD and USD Ordinary Shares of SCI, as a result, the decision was taken to delist the cross-listed shares.

(Source: JSE)