Business notes
Executive & Director Changes
Karl Townsend was appointed as a director of Image Plus Consultants Limited on April 12.
Nirala Singh has resigned as a director of Carreras Limited effective April 15 after being appointed in February 2020. Singh has also resigned as a member of the audit and nomination and compensation committees.
James McLetchie’s appointment as group chief financial officer of Massy Holdings Limited will be effective on August 15.
Market Sales & Events
A director of tTech Limited sold 5,000,000 shares at $2.53 for a consideration of $12.65 million on March 15. A director of TransJamaican Highway Limited purchased 20 million shares at $1.35 while a member of the audit committee purchased 2.2 million shares at $1.35 on March 21. A connected party of QWI Investments Limited purchased 9,347,131 shares at $0.61 on March 21. A connected party of Mayberry Jamaican Equities Limited purchased 714,509 shares at $11.98 – $13 for a consideration of $8.86 million on March 31. The trustee of the SLJ Employee Share Purchase Plan sold 3,000 shares on April 4. A director of Future Energy Source Company Limited sold 2,131,719 shares between April 11 to 14 for a consideration of $8.95 million. A related entity of Supreme Ventures Limited purchased 89,779 shares while a connected party sold 26,103 shares between April 11 to 14.
Eppley Caribbean Property Fund Limited SCC – Value Fund purchased 118 shares at $42.75 on April 4 under its share buy-back programme.
Victoria Mutual Investments Limited’s 2022 audited financials are set to be completed by Friday. EduFocal Limited’s audited financials should be submitted by April 28.
Berger Paints Jamaica Limited has appointed the Jamaica Central Securities Depository Limited (JCSD) as its transfer and registrar agent effective March 20.
Indies Pharma Jamaica Limited has declared a dividend of $0.1133 to be paid on May 19 to shareholders on record as of April 27. This payment totals $150.98 million.
TransJamaican Highway Limited paid holders of the 8.0 per cent preference share on April 13.
Kingston Properties Limited will consider a dividend on April 24 at its board meeting.
The Caribbean Information and Credit Rating Services Limited (Caricris) has reaffirmed Massy Holding Limited’s ‘high’ (CariAA) creditworthiness.
Mayberry Jamaican Equities Limited’s net asset value (NAV) decreased from $16.46 to $16.29 in the first quarter.
