Special Advisory: Caribbean Producers (Jamaica) Limited (CPJ)

July 10, 2024

 

Caribbean Producers Jamaica Limited (CPJ) has advised that on July 9, 2024, A.S. Bryden & Sons Holdings Limited (trading as ASBH on the JSE) acquired a 44.8% strategic stake in CPJ.

CPJ has further advised that effective July 9, 2024, Nicholas Hospedales was appointed Chief Executive Officer of CPJ and Richard Pandohie, the Chief Executive Officer of ASBH, was appointed Chairman of CPJ.

CPJ also advised that ASBH directors Nicholas Scott, Michael Conyers and David Franco will be appointed new directors of CPJ replacing Christopher Berry, Konrad Berry, Camille Shields, Frank O’Dowd and Mark Hall who resigned.

 

Disclaimer:

Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer (s) or securities as at the date of this report. Each research analyst (s) also certify that no part of their compensation was, is, or will be, directly or indirectly, related to the specific recommendation(s) or view (s) expressed by that research analyst in this research report.

Company Disclosure -The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking any action in reliance on the contents of this information is strictly prohibited and may be unlawful. Mayberry may affect transactions or have positions in securities mentioned herein. In addition, employees of Mayberry may have positions and effect transactions in the securities mentioned herein.

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