Special Advisory: Fontana Limited (FTNA)

January 23, 2025

 

Fontana Limited (FTNA) has advised that the Company has signed an agreement to acquire the Monarch chain of pharmacies from Gerk Limited, potentially expanding its store footprint to 11 locations across Jamaica. The Company anticipates the closing of this transaction during the third quarter (January to March 2025) with operational changes and integration into existing FTNA network throughout the balance of 2025.

 

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 effect 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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