November 5, 2026

Pan Jamaica Group Limited (PJAM) has advised that the shareholders of Sagicor Group Jamaica Limited have approved the resolutions relating to the proposed reorganisation of the Sagicor Group, including the resolution approving PJAM’s proposed subscription for shares in Sagicor Group Caribbean Limited (SGC). PJAM has further advised that under the proposed subscription, PJAM is expected to invest US$21.25 million in SGC in consideration for 80,218,951 ordinary shares. Following completion of the relevant transactions, PJAM is expected to hold approximately 25% of SGC.

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