Special Advisory: GraceKennedy Limited (GK)
Date: May 11, 2018 GraceKennedy Limited (GK) has advised that, pursuant to the terms of the GraceKennedy “2009 Stock Option Plan for Directors, Managers and Employees” approved by the Stockholders of the Company at an Annual General Meeting held on May 27, 2009, and as part of the Long Term Incentive Scheme for the employees of the Company, a grant of 1,759,004 stock units was approved by the Board of Directors on May 10, 2018 for thirty (30) senior management officers. The effective date of the grant is May 10, 2018.
Trade In Shares: Sagicor Group Jamaica Limited (SJ)
Date: May 11, 2018 Sagicor Group Jamaica Limited (SJ) has advised that two connected parties sold a total of 642,500 SJ shares and that a connected party purchased 600,000 SJ shares. These transactions were conducted on May 8 and 9, 2018.
Dividend Declaration: PanJam Investment Limited (PJAM)
Date: May 11, 2018 PanJam Investment Limited (PJAM) has advised that at a Board of Directors’ meeting held on May 10, 2018, the Directors adopted a Resolution to declare a second interim dividend for the year 2018 in the amount twenty-five cents ($0.25) per stock unit payable on June 15, 2018 to stockholders on record as at the close of business on May 28, 2018. The ex-dividend date is May 25, 2018.