Proven has advised that the Margaritaville (Turks) IPO closed Friday, March 28, 2014 and the offer was oversubscribed. Proven received 213 applications for 21,178,100 units and raised US$2,117,810.

The Board of Directors of Desnoes & Geddes Limited will meet on Monday, April 7, 2014 to consider a dividend payment.

Jamaica Money Market Brokers Limited (JMMB) has advised that through its Trinidadian subsidiary JMMB Investments (Trinidad and Tobago) Limited, it has received the approval of its Regulators for the acquisition of AIC Securities Limited (a securities dealer and stock broker, headquartered in Trinidad). JMMB therefore will now seek to move to complete the transaction which, upon successful completion, will see it acquiring 100% of AIC Securities Limited, which is a member of the AIC Financial Group.

The Board of Directors of Jamaica Public Service Company Limited has declared quarterly preference share dividends payable on April 1, 2014 to shareholders on record as at March 14, 2014 as follows:

• Jamaica Public Service Company Limited 5% C - $0.025
• Jamaica Public Service Company Limited 5% D - $0.025
• Jamaica Public Service Company Limited 6% E - $0.030
• Jamaica Public Service Company Limited 7% B - $0.035

The ex-dividend date is March 12, 2014.

Managing Director of Red Stripe Mr. Cedric Blair has announced that Monique Malcolm, Head of Consumer Planning, WestLAC has been appointed acting Head of Marketing, Red Stripe. Ms. Malcolm will retain her Head of Consumer Planning, WersrLAC responsibilities and the Consumer Planning team will continue to report
to her. Also, Mr. Blair announced that Ali MacLennan, Acting Head of HR for Red Stripe, has accepted an exciting new role effective April 2014 as the HR Business Partner to the Diageo Global Procurement team based in the UK. With the departure of Ms. MacLennan, Ms. Malverine Hemmings will be returning to DG as Head of HR effective March 2014. Over the past year Ms. Hemmings has been on secondment to Celebration Brands Limited in the role of HR & Communications Director.

The Board of Directors of Sagicor Group Jamaica Limited has approved a resolution to declare an interim dividend of $0.35 per share payable on March 31, 2014 to shareholders on record as at March 21, 2014. The ex-dividend date is March 19, 2014.

Kingston Wharves Limited has advised that on February 14, 2014 it acquired the stevedoring business conducted by Allied Trucking & Maritime Services Limited (“ATMS”) at Port Bustamante. The purchased price of US$2.95Mn is subject to certain terms and conditions and is payable over a period of three years.

GraceKennedy Limited (GK) has released its audited financial statements for the year ended December 31, 2013. The Board of Directors of GK has declared an interim dividend of $0.70 per share payable on April 30, 2014 to shareholders on record as at April 11, 2014. The ex-dividend date is April 9, 2014. The Annual General Meeting of GK will be held on Wednesday, May 28, 2014 at 4:00 p.m. at 73 Harbour Street, Kingston, Jamaica.

The Board of Directors of Jamaica Broilers Group Limited has declared an interim dividend of $0.08 per share payable on April 9, 2014 to shareholders on record as at March 13, 2014. The ex-dividend date is March 11, 2014.

Sagicor Group Jamaica Limited has advised that the meeting to consider and recommend dividends will be held on March 6, 2014 instead of February 28, 2014 as previously indicated.