July 29, 2025
Jamaican Teas Limited (JAMT) has advised that the following Resolution was passed by its Board of Directors on July 28, 2025:
- BE IT RESOLVED that Jamaican Teas Limited (the Company) shall on September 4, 2025 pay, or cause to be paid, a capital distribution from the sums standing to the credit of the Company’s Capital Reserves, to the Company’s shareholders of record on August 12, 2025, in the amount of two (2) cents per ordinary share or Forty Three Million Five Hundred Ninety Three Thousand Six Hundred and Seven Dollars and Fifty Four Cents Jamaican Currency (J$43,593,607.54) in aggregate.
- JAMT has further advised that this Resolution cancels and supersedes the Resolution of July 25, 2025 which contained an incorrect record date relating to this distribution.
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.