Special Advisory: Sagicor Group Jamaica Limited (SJ)

February 4, 2025

 

Sagicor Group Jamaica Limited (SJ) has advised that the Trustee of Sagicor Long Term Incentive Plan sold 9,493 SJ shares to an Executive on February 3, 2025. SJ has further advised that this trade relates to the exercise of stock options pursuant to the Executive Share Option Long Term Incentive Plan 2017.

SJ has also advised that Mr. Gilbert Palter has resigned as a Director of SJ and its subsidiary, Sagicor Life Jamaica Limited (SLJ) effective January 31, 2025. SJ has further advised that the SJ and SLJ Boards have approved the appointment of Ms. Cathleen McLaughlin as a Director of these companies effective February 1, 2025, subject to regulatory approval.

 

Disclaimer:

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 affect transactions or have positions in securities mentioned herein. In addition, employees of Mayberry may have positions and effect transactions in the securities mentioned herein.

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