Special Advisory: GraceKennedy Limited (GK)

March 23, 2020

GraceKennedy Limited (GK) has advised that following on its January 20 announcement of an offer to acquire Key Insurance Company Limited(KEY) and further to the KEY Board’s review of the Offering Circular and a recommendation to shareholders to take up the offer, GK was successful in its bid for the Company. The offer closed on March 2, and GK will own 65% of KEY.

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 effect transactions or have positions in securities mentioned herein. In addition, employees of Mayberry may have positions and effect transactions in the securities mentioned herein.

2020-03-23T16:04:07-05:00