Special Advisory: Jamaican Teas Limited (JAMT)

October 8, 2020

The Directors of Jamaican Teas Limited (JAMT) have approved a resolution setting November 30, 2020 as the new record date for the Company’s proposed 3 for 1 stock split. The stock split will be put to the Company’s shareholders for their approval at a continuance of the Annual General Meeting (AGM) which was adjourned on June 17, 2020. The AGM will be reconvened and held at 10:00 a.m. on November 17, 2020 at the Knutsford Court Hotel, Chelsea Avenue, Kingston 5. The AGM will be followed by an Extraordinary General Meeting of the Company scheduled to be held at 10:15 a.m. at the Knutsford Court Hotel.

Regional Scale Ratings 

Local Currency:Cari A-
Foreign Currency: Cari BBB+
National Scale Ratings
Local Currency:  jm AA-
Foreign Currency: jm A+
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.