Derrimon Trading Company Limited (DTL) Acquisition and Changes to the Board of Directors

Date: September 12, 2018

Derrimon Trading Company Limited (DTL) has advised that the Company has completed the acquisition of the entire shareholding of Woodcats International Limited (“Woodcats”) for a total consideration of J$355 million.

DTL further advised that at a Board Meeting of Woodcats held on September 6, 2018, Messrs. Derrick Cotterell, Ian Kelly, Earl Richards, Patrick Mignott and Mrs. Nicole Burger were appointed to the Board of Woodcats. The resignations of the prior board were duly accepted.

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