Special Advisory: Radio Jamaica Limited (RJR)

March 3, 2026

 

Radio Jamaica Limited (RJR) has advised that a Scheme of Arrangement involving several of its subsidiaries, proposed to improve corporate efficiencies and strengthen business streamlining, has been sanctioned by the Supreme Court of Judicature of Jamaica on February 19, 2026, and will take effect when the court order sanctioning the scheme is filed with the Registrar of Companies. RJR has further advised that under the approved Scheme, Multimedia Jamaica Limited, Independent Radio Company Limited, Gleaner Online Limited, Reggae Entertainment Television Limited and Jamaica News Network Limited, will be amalgamated into Radio Jamaica Limited (RJL), which will assume their assets, liabilities and operations.

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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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