Guardian Holdings Ltd (GHL) to Delist from JSE

Mr. Arthur Lok Jack, Group Chairman of Guardian Holdings Limited (GHL) confirmed that GHL has voluntarily applied to the Jamaica Stock Exchange (JSE) to have its shares delisted from the JSE pursuant to Rule 411B. The JSE in turn has approved GHL’s request. The action by GHL was reached after it undertook a thorough analysis of the costs and benets of maintaining its dual listing on the Trinidad and Tobago Stock Exchange (TTSE) and the JSE. This analysis revealed that, trading activity on the JSE represents less than 1.5% of the overall trading activity in GHL shares.

As a result of this voluntary move, GHL will close its register on December 24, 2013 and its shares will be delisted on December 31, 2013. Thereafter, Jamaican investors can continue to trade GHL shares through the Trinidad and Tobago Stock Exchange, where its shares will trade as normal.