Special Advisory: GraceKennedy Limited (GK)

March 2, 2023

 

GraceKennedy Limited (GK) has advised that, pursuant to the terms of the GraceKennedy “2009 Stock Option Plan for Directors, Managers and Employees” approved by the Stockholders of the Company at an Annual General Meeting held on May 27, 2009, and as part of the Long-Term Incentive Scheme for the employees of the Company 3,839,914 GK shares were approved by GK’s Board of Directors on March 1, 2023, for thirty-one (31) Senior Managers and Executives.

GK has also advised that its Board of Directors at a meeting held March 1, 2023, authorized a buy-back of its shares, subject to the necessary regulatory approvals. GK has also advised that its Annual General Meeting (AGM) will be held on Wednesday, May 31, 2023, at 2:00 p.m. at the GraceKennedy Headquarters, 42-56 Harbour Street, Kingston, Jamaica and electronically via an online platform which can be accessed via our website at www.gracekennedy.com.

 

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.

More Stories from the Market
shutterstock_453968572
January 23, 2026   Guardian Holdings Limited (GHL) has advised that Mr. Bruce Bowen has resigned as Director of Guardian Holdings Limited e…
shutterstock_453968572
January 23, 2026   United States:   US Consumers Keep Spending Faster Than Incomes Are Growing   US income growth is running furth…
shutterstock_453968572
January 22, 2026   Kintyre Holdings (JA) Limited (KNTYR) has advised that The Chalet, its signature residential development planned for Ben…
shutterstock_453968572
January 22, 2026   NCB Financial Group Limited (NCBFG) has advised that Mr. Bruce Bowen has resigned as director of NCBFG and all relevant …
shutterstock_453968572
January 22, 2026 United States:   US Economy Expanded at Revised 4.4% Pace in Third Quarter   The US economy expanded in the third quarter…
shutterstock_453968572
January 21, 2026   Wigton Windfarm Limited (WIG) has advised that it has successfully concluded the sale of its property located at Lot 28 …
shutterstock_342262439
January 21, 2026   Wigton Windfarm Limited (WIG) has advised that at a meeting of its Board of Directors to be held on January 29, 2026, a …
shutterstock_453968572
January 21, 2026 United States:   US Home-Purchase Applications Climb to Highest Since 2023   US mortgage applications for home purch…