March 6, 2025
JMMB Group Limited (JMMBGL) has advised that the outcomes of the class meetings convened on March 3, 2025, for two (2) classes of preference shares are as set out below:
- Cumulative Redeemable 7.25% Variable Rate JMD Preference Share – Approval received from shareholders
- Cumulative Redeemable 5.75% USD Preference Share- Approval received from shareholders
JMMBGL has further advised that the following tranches will be paid out on maturity on March 6, 2025:
(i) Cumulative Redeemable 5.50 % USD Preference Shares 2018
(ii) Cumulative Redeemable 7.00% Variable Rate JMD Preference Shares 2018
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