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Sweet River Abattoir- Resignations & Appointments Published: 13 October 2015

Sweet River Abattoir and Supplies Company Limited (SRA) has advised that at its Annual General Meeting (AGM) held on October 9, 2015 Mr. Courtney Cole was appointed a director. SRA also advised that at the AGM Ms. Lisa-Kaye Bryan resigned as mentor and Ms. Maxine Wilson resigned as a director.

Heineken Acquired 73% of D&G Published: 13 October 2015

Desnoes & Geddes Limited (DG) has advised that it was advised on October 7, 2015 that Heineken acquired a controlling stake in DG by acquiring the entire issued share capital of Udiam Holdings AB a subsidiary of Diageo plc for the sum of US$420,990,826. Udiam owns 1,625,549,827 shares in DG which constitutes approximately 57.8% of the issued share capital of DG. Prior to the acquisition by Heineken, another subsidiary of Heineken owned 434,033,141 DG shares which constitutes approximately 15.45% of the share capital of DG. Following the acquisition, Heineken indirectly owns 2,059,610,670 shares which constitute approximately 73.32% of the share capital of DG.

Heinken Acquires Controlling Stake in D&G Published: 07 October 2015

Desnoes & Geddes (DG) has advised that Heineken has acquired controlling stake in DG and intends to make an offer to purchase all outstanding shares of DG pursuant to the Jamaican Takeover Code.

Kingston Properties Limited (KPREIT) – Resignation/Appointment of Executive Director Published: 06 October 2015

Kingston Properties Limited (KPREIT) has advised that Mrs. Fayval Williams, Executive Director of KPREIT has resigned effective October 31, 2015. KPREIT further advised that Mr. Kevin Richards, formerly of Sterling Asset Management was offered and accepted the position of CEO. Mr. Ricard’s appointment becomes effective November 2, 2015.

National Commercial Bank Jamaica Limited (NCBJ) – Division Structural Change Published: 06 October 2015

National Commercial Bank Jamaica Limited (NCBJ) has advised that effective October 1, 2015, the Group Human Resources and Group Facilities and Services Division merged to form the Group Human Resources and Facilities Division. Mr. Rickert Allen, Senior General Manage, will have the responsibility of providing leadership for the Division and will continue to report to the Group Managing Director.