Home Businessuite News24 Cable Bahamas Listed on the Jamaica Stock Exchange
Cable Bahamas Listed on the Jamaica Stock Exchange

Cable Bahamas Listed on the Jamaica Stock Exchange

0
0

Cable Bahamas became the first Bahamian company to list on the Jamaica Stock Exchange (JSE) with the listing of the two classes of preference shares by way of Introduction. 4,090 preference shares were listed for the Series 11 – 8% Fixed Rate preference shares on the US Dollar Equities Market and 1,349 of the Series 11 – 8% indexed fixed rate preference shares were listed on the Main Market.  In total, 5,439 Series 8% fixed rate preference shares were listed and will mature on June 30, 2023. The value of the Series 11-  8% fixed rate preference shares that were listed on the US Dollar Equities Market amounts to US$4.090M and the value of the Series 11- 8% fixed rate indexed preference shares that were listed on the Main Market amounted to $1.34 B.

The listing of Cable Bahamas Limited (CAB) increases the total listed companies to 35 and the total listed securities to 44 on the Main Market.  The total companies listed on the US Dollar Equities Market increases to five (5) and the total number of securities listed increases to six (6).  Including CAB, there are now 66 companies representing 88 securities that are listed on the JSE combined markets. BM