GraceKennedy Limited - Notice of Share Repurchase

May 03, 2024

NOTICE OF SHARE REPURCHASE
GRACEKENNEDY LIMITED (GKC)

The Trinidad and Tobago Stock Exchange Limited (TTSE) received notice from GKC advising that they repurchased the shares outlined below under their share repurchase programme.

Date of purchase	Number of Ordinary Shares Purchased	Price
April 18th, 2024	101,500	JM$73.94
April 18th, 2024	48,500	JM$73.95
April 19th, 2024	85,121	JM$73.75
April 22nd, 2024	35,010	JM$73.00
April 29th, 2024	60,000	JM$73.00
April 30th, 2024	10,000	JM$73.94
April 30th, 2024	39,761	JM$72.90
April 30th, 2024	339	JM$73.00
Total	380,231

GKC further advised as follows:
1. The purpose for the purchase is to enhance shareholder value.
2. The maximum intended repurchase is up to 1% of the shares in issue (approximately 9,950,000 shares). The actual repurchased as at April 30th, 2024 is a total of 1,957,722 shares.
3. The effective date of the purchase – per table above.
4. The source of funding of the purchase is GKC’s cash flows.
5. The method of effecting the purchase is on the open market via GKC’s brokers.

Source:
The Trinidad and Tobago Stock Exchange Limited
Friday 3rd May, 2024

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GraceKennedy Limited - Notice of Share Repurchase