JMMB ESOP Declaration


Jamaica Money Market Brokers Limited (JMMB) has advised that its Employee Share Ownership Plan (ESOP) has purchased 23,121,980 JMMB shares, equivalent to 1.6% of total issued shares, from existing shareholders, some of whom are directors and team members who had indicated their willingness to sell a small portion of their shares at the current low price to facilitate the benefit initiative for those team members who have exceeded company targets in a challenging environment. In the case of the directors, the amount sold represents approximately 4.0% of their holdings.