October 01, 2021
Ciboney Group Limited (CBNY) has advised of the following changes which will take effect on October 1, 2021:
1. The company no longer has a designated post of executive director and the (former) executive director has been selected to join the Audit Committee which will now comprise the following directors: Mrs Tricia Grant Mitchell, Mr Michael Campbell and Mr Geoffrey Messado, all of whom are independent.
2. Mr Errol Campbell will remain as the Board Chairman but will no longer be on the Audit Committee. The Company has confirmed that there is no disagreement among the members and that this action is taken for the expediency of the continued operations of the company, pending sale of the majority shareholdings.
3. The registered office of the company will be relocated to 30 National Heroes Circle, Kingston 4 from where the operations will be managed.
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