Microsoft Word - JMMB Group Limited - 2016 Preference Share Offer (Internal).docx


NEWS ANNOUNCEMENT


2016 PREFERENCE SHARE OFFER JMMB GROUP LIMITED (JMMBGL)

The Trinidad and Tobago Stock Exchange Limited (TTSE) has been advised by JMMBGL as follows: JMMBGL made an offer in for the subscription of:

  1. 9,000,000 6.00% USD Cumulative Redeemable Preference Shares at a fixed price of USD 1.00;

  2. 2,000,000 5.75% USD Cumulative Redeemable Preference Shares at a fixed price of USD 1.50;

  3. 1,500,000,000 7.50% Variable Rate JMD Cumulative Redeemable Preference Shares at a fixed price of JMD 1.00;

  4. 70,000,000 7.25% Variable Rate JMD Cumulative Redeemable Preference Shares at a fixed price of JMD 1.50,

(cumulatively the "Preference Shares").


The offer for the Preference Shares is solely being made in Jamaica and the distribution of the prospectus shall only take place in Jamaica. Please note that the prospectus states that the prospectus is intended for use in Jamaica; is not to be constructed as an offer outside of Jamaica, is not to be distributed outside of Jamaica as it is prohibited by law; and it does constitute and may not be used for or in connection with any offer to, or solicitation by, anyone in any jurisdiction other than Jamaica.

The prospectus also states the JMMBGL intends to apply to the Jamaica Stock Exchange for the Preference Shares to be listed on that exchange.


January 12th, 2016 Operations Department Trinidad & Tobago Stock Exchange Limited

The Trinidad and Tobago Stock Exchange Ltd. issued this content on 2016-01-12 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 2016-01-12 18:25:01 UTC

Original Document: http://www.stockex.co.tt/read.php?ContentID=9623