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.