Market Sales and Events

The trustee of Sagicor Long-Term Incentive Plan sold a total of 1,108,467 shares of Sagicor Group Jamaica Limited (SJ) to 29 executives on May 17 who exercised their stock option plans. The trustee of the SLJ Employee Share Purchase Plan sold 4,000 SJ shares to eligible team members on May 11. An executive of SJ sold 72,000 shares on May 13 while another executive sold 329,093 SJ shares to another executive on May 16 for a consideration of $18.10 million. A senior manager of Barita Investments Limited acquired 79,839 shares on May 16 under the company’s employee stock ownership plan. A connected party of PanJam Investments Limited purchased 1,504 shares on May 17. A director of EduFocal Limited purchased 29,000 shares on May 18. A related entity of Supreme Ventures Limited purchased 112,119 shares for a consideration of $3.36 million.

Salada Foods Jamaica Limited has declared a dividend of $0.055 to be paid on June 22 to shareholders on June 3. This payment totals $57.14 million.

Lasco Manufacturing Limited and Lasco Distributors Limited will be considering an interim dividend today at their respective board meetings.

1834 Investments Limited’s 2021 audited financials have been delayed by a month to June 30 due to ongoing challenges associated with COVID-19.

John De Silva and Andrea Martini were appointed to the board of The West Indian Tobacco Company Limited on April 7. Ranjit Jeewan and Anthony Phillip retired on April 7 with Ingrid Lashley being appointed as chairman on the same date.

Baldath Ramkissoon has been appointed as Republic Financial Holdings Limited’s chief risk officer effective November 15 as he takes over from Parasram Salickram.

Aliyah Hamel-Smit has been appointed to the board of directors of LJ Williams Limited effective May 16.

— David Rose