Special Advisory: Sygnus Credit Investments Limited (SCI)

March 16, 2023

 

Sygnus Credit Investments Limited (SCI) has advised that further to its communication dated February 11, 2023, wherein the Company advised of its intention to pursue the de-listing of its cross-listed ordinary J$ and US$ shares (“Cross-Listed Shares”), an application for delisting was made to the Jamaica Stock Exchange (“JSE”) on March 3, 2023. By correspondence dated March 9, 2023, the JSE advised that the de-listing of the Cross-Listed Shares was approved. The Cross-Listed Shares were delisted on March 15, 2023. As a result of the delisting of the Cross-Listed Shares, J$ Ordinary shareholders will no longer be able to trade their shares on the US$ Market and US$ Ordinary shareholders will no longer be able to trade their shares on the J$ Market. The delisting will not affect the trading of the Ordinary shares on their respective markets.

 

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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