Special Advisory: Radio Jamaica Limited (RJR)

April 25, 2022

Radio Jamaica Limited (RJR) has advised that on Friday, April 22, 2022, RJR and 1834 Investments Limited (1834) entered into a Scheme Implementation Agreement which will lead to the amalgamation of both companies. The amalgamation will be done by way of a Court-approved Scheme of Arrangement by which RJR would acquire all of the shares of 1834 in exchange for shares in RJR or cash consideration, subject to the approval of the shareholders in 1834 and the sanction of the Supreme Court of Jamaica.

For further details visit www.jamstockex.com

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2022-04-25T15:14:04-05:00