Grace Kennedy trades over $630 million on ex-dividend date

Market Summary: In Monday’s trading session, the overall Market activity on the markets resulted in the trading of 23 stocks of which 11 advanced, 9 declined and 3 traded
firm.

The Overall Market Volume (excluding blocks) amounted to 13,482,501 units valued at $666,298,440.34, with the following companies representing the volume leaders: –

• Gracekennedy Ltd. with 11,705,714 units, amounting to 86.82% of the market volume
• Caribbean Producers Jamaica Limited with 400,000 units, amounting to 2.97% of the market volume
• Cable & Wireless (Jamaica) Ltd. with 350,588 units, amounting to 2.60% of the market volume

Regular Market

In Monday’s trading session, the Regular Market activity resulted in the trading of 18 stocks of which 8 advanced, 8 declined and 2 traded firm.
Regular market volume (excluding blocks) amounted to 12,922,333 units valued at $664,520,650.77, with the following companies representing the volume leaders: –

• Gracekennedy Ltd. with 11,705,714 units, amounting to 90.59% of the market volume
• Cable & Wireless (Jamaica) Ltd. with 350,588 units, amounting to 2.71% of the market volume
• Pan Jamaican Investment Trust Co. Ltd. with 300,000 units, amounting to 2.32% of the market volume

Junior Market

The Junior market volume (excluding blocks) amounted to 560,168 units valued at $1,777,789.57

• Caribbean Producers Jamaica Limited with 400,000 units, amounting to 71.41% of the market volume
• Jamaican Teas Limited with 150,968 units, amounting to 26.95% of the market volume
• Lasco Manufacturing Limited with 6,500 units, amounting to 1.16% of the market volume

Other news

• Scotia Investments Jamaica Limited (SIJL) has advised that on March 3, 2011, a Director purchased 4,166 SIJL shares. SIJL has also advised that on June 28, 2011, a Senior Manager purchased 20,000 Scotia Group Jamaica Limited shares.
• Scotia Group Jamaica Limited (SGJ) has advised that during the period March 3 – 28, 2011, a related party purchased a total of 178,355 SGJ shares. SGJ
  has also advised that during the period June 21- 28, 2011 a Director and a Senior Manager purchased a total of 70,000 SGJ shares and on August 11,
  2011, a Senior Manager sold 152,674 SGJ shares and purchased 152,674 SGJ shares. SGJ has also advised that on August 11, 2011 a Senior Manager
  sold 2,560 Bank of Nova Scotia Shares and purchased 2,560 Bank of Nova Scotia Shares.
• Salada Foods Jamaica Limited has advised that on March 25, 2011, a Senior Manager purchased 10,000 SAL shares.
• The Board of Directors of Jamaica Public Service Company Limited has declared quarterly dividends payable on October 1, 2011 to shareholders on record as at September 15, 2011. The ex-dividend date is September 13, 2011:Jamaica Public Service Co. Ltd. 7% – $0.035
  Jamaica Public Service 5% C – $0.025
  Jamaica Public Service 5% D – $0.025
  Jamaica Public Service Co. 6% – $0.03

Trinidad and Tobago News

• GraceKennedy Limited has informed the Trinidad and Tobago Stock Exchange that pursuant to the Jamaica Stock Exchange Rules, it has elected to submit its Audited Financial Statements for 2011 within 60 days of the year end and will accordingly not be issuing unaudited financial statements for the 4th Quarter 2011.
• Ansa McAl Limited has informed the Exchange that on August 25th, 2011, Mr. David Inglefield resigned from the Board of Directors of Ansa McAl Limited and that Mr. Nicholas Mouttet was appointed as Director on the Board of Ansa McAl Limited.Mr. Inglefield was transferred from the post of President and Chief Executive Officer of Ansa McAl (Barbados) Limited Group and now holds the position of Sector Head Media/Services.Mr. Mouttet has also been appointed to the position of President and Chief Executive Officer of Ansa McAl (Barbados) Limited.
• 11,766,705 Ordinary Shares in Sagicor Financial Corporation will be listed on the Stock Exchange effective Tuesday 6th September, 2011 thus increasing the Company’s issued share capital to 303,917,020 Ordinary Shares.The shares were issued on December 29th, 2009 by the Company to National Insurance Board of Barbados pursuant to a private placement.