Special Advisory: 1834 Investments Limited (1834)

October 13, 2022

 

1834 Investment Limited (1834) has advised that trading in 1834 shares on the Jamaica Stock Exchange will be suspended effective October 25, 2022 (note the final day of trading will be October 24, 2022). The Company has further advised that suspension in trading will facilitate the processing of shareholder payment elections and related final payments of cash and/or Radio Jamaica Limited shares to 1834 shareholders in accordance with 1834’s Scheme of Arrangement, pending final approval from the Supreme Court of Jamaica. It is anticipated that if the Scheme of Arrangement is sanctioned by the Supreme Court (on or before November 24, 2022), there will be no further trading in 1834 shares on the Jamaica Stock Exchange.

 

Disclaimer:

Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer (s) or securities as at the date of this report. Each research analyst (s) also certify that no part of their compensation was, is, or will be, directly or indirectly, related to the specific recommendation(s) or view (s) expressed by that research analyst in this research report.

Company Disclosure -The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking any action in reliance on the contents of this information is strictly prohibited and may be unlawful. Mayberry may affect transactions or have positions in securities mentioned herein. In addition, employees of Mayberry may have positions and effect transactions in the securities mentioned herein.

2022-10-13T14:52:48-05:00