JMMB Group Limited (JMMBGL) Preference Share Offer, which closed on, January 4, 2016, resulted in the following:

• Both the Cumulative Redeemable 6.00% USD Preference Shares and the Cumulative Redeemable 7.50% Variable Rate JMD Preference Shares, being oversubscribed by 33, 783,500 and 327,548,000 respectively.
• 2,000,000 Cumulative Redeemable 5.75% USD Preference Shares was offered, however, only 213,500 shares was applied for.
• 70,000,000 Cumulative Redeemable 7.25% Variable Rate JMD Preference Shares was offered, however, only 9,434,000 was applied for.

JMMBGL has advised that all shares applied for will be allocated to applicants out of Preference Shares currently held by JMMB Group Limited.

Margaritaville (Turks) Limited (MTL) has advised that the Board of Directors will meet on Thursday, January 28, 2016 to consider an interim dividend payment.

National Commercial Bank Jamaica Limited (NCBJ) has advised that at a meeting scheduled for Thursday January 28, 2016 the Board of Directors will consider an interim dividend.

Eppley Limited (EPLY) has advised that the Board of Directors will meet on Friday, February 12, 2016 to consider an interim dividend payment.

Trinidad Cement Limited (TCL) has advised that by Order dated January 11, 2016, the Guyana Securities Council has granted the Company’s application for delisting pursuant to Section 40(1) and (2) of the Guyana Securities Industry Act, 1998 and the GASCI Rules #6.16, effective as of the opening of trading on Monday January 18, 2016.

On July 20, 2015 shareholders of the Company duly considered and passed Special Resolutions for the shares of Trinidad Cement Ltd to be delisted from, inter alia, the Guyana Associatin of Securities Companies and Intermediaries Inc. (GASCI) in accrdance with statutory and regulatory guidelines.

The reasons for delisting were that trading volumes and frequency were minimal, there were no sharehlders resident in Guyana, and the negative financial consequence of annual listing / maintenance charges required to be paid to GASCI.

Cargo Handlers Limited (CHL) has advised that at a meeting scheduled for Tuesday January 26, 2016 the Board of Directors will consider an interim dividend for the year 2016.

AMG Packaging & Paper Company Limited (AMG) has advised that the Board of Directors declared a dividend of $0.38 per share payable on March 15, 2016 for shareholders on record as at March 1, 2016. The ex-dividend date is February 26, 2016.

Dolphin Cove Limited (DCOVE) has issued a notice on the Results of Offer to purchase shares in Dolphin Cove Limited, concluding that, as a result of foregoing transactions, World of Dolphins will hold 79.99% of the shares issued by Dolphin Cove.

Access Financial Services Limited (AFS) has advised that it has received approval from the Tax Administration of Jamaica to change its accounting year-end to March 31st.

GraceKennedy Limited (GK) has issued a press release advising that CEO, Mr. Don Wehby announced that effective January 31, 2016 Mr. Courtney Campbell has resigned from the Board of the GraceKennedy Limited, First Global Bank Limited, GraceKennedy Financial Group Limited and other Boards in the Group.

In the press release, Mr. Wehby also announced the following changes in the Group effective February 1, 2016.

• Mr. Campbell’s resignation as CEO of First Global Bank Limited;
• The appointment of Mrs. Mariame Robinson as President and CEO of First Global Bank Limited;
• The appointment of Mrs. Grace Burnett as CEO, GraceKennedy Financial Group Limited and;
• The appointment of Mr. Steven Whittingham as GK Group Chief Investment Officer