Special Advisory: JMMB Group Limited (JMMBGL)

Date: April 20, 2018

JMMB Group Limited (JMMBGL) has advised that dividend payments will be made on the 6th day of each month, or if such day falls on a day other than a business day then payment will be made on the prior business day, to the 7.25% variable rate JMD preference shareholders and 7.00% variable rate preference shareholders on record as at the 20th day of the prior month.  The first payment will be made on May 4, 2018 to the 7.25% variable rate JMD preference shareholders and 7.00% variable rate preference shareholders on record as at April 20, 2018. The principal repayment date is March 6, 2025.

JMMBGL has also advised that the company will make its first payment on June 6, 2018 and thereafter dividends will be due and payable quarterly on the 6th day of the relevant months (September, December, March and June) or if such day falls on a day other than a business day then payment will be made on the prior business day to the 5.75% USD fixed rate cumulative redeemable preference shareholders and the 5.50% USD fixed rate cumulative redeemable preference shareholders.  The first dividend payments will be made to the 5.75% USD fixed rate cumulative redeemable preference shareholders and the 5.50% USD fixed rate cumulative redeemable preference shareholders on record as at May 22, 2018.  The principal repayment date is March 6, 2025.

More Stories from the Market
MIL
March 13, 2026 Mayberry Jamaican Equities Limited (MJE) has advised that the daily Net Asset Value (NAV) for March 2, 2026, was J$8.78. MJE’s closi…
MIL
March 13, 2026 Mayberry Jamaican Equities Limited (MJE) has advised that the daily Net Asset Value (NAV) for February 27, 2026, was J$8.90. MJE’s c…
shutterstock_341466863
March 13, 2026   TransJamaican Highway Limited (TJH) has advised that at a meeting of its Board of Directors to be held on March 19, 2026, …
shutterstock_556282549
March 13, 2026 Minister of Finance and the Public Service, Fayval Williams, has assured the public that Jamaica is well positioned to manage potent…
shutterstock_316932977-700x441
March 13, 2026 The government of Cuba has confirmed that it has held discussions with the administration of Donald Trump, according to the country’…
shutterstock_453968572
March 13, 2026 United States: US Consumer Spending Barely Rises After Weaker GDP Growth   US consumer spending barely rose in January afte…
shutterstock_537598660
March12, 2026 Blue Power Group Limited (BPOW) Unaudited financials for the nine months ended January 31, 2026: Blue Power Group Limited (BPOW) for …
shutterstock_148562033
March 12, 2026   Wisynco Group Limited (WISYNCO) has advised that on March 9, 2026, Executives sold a total of 2,594,821 WISYNCO shares. …