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SSLVC clarifies takeover offer

Published:Friday | March 25, 2022 | 12:12 AM

THE EDITOR, Madam:

Your article in the Wednesday Gleaner, March 23, 2022, titled ‘SSL Ventures takeover said to be on track for April’, had information which is incorrect and premature.

Please note that in the discussion with your reporter, it was pointed out that an updated takeover bid circular (TOBC) if any, would need to be sent to the Jamaica Stock Exchange (JSE), after which they would publish for the market to be informed. At no time did we disclose that the offer would be opened on Tuesday or any particular date.

Additionally, my title is chief operating officer for SSL Venture Capital Jamaica Limited (SSLVC) and not CEO.

Please take the necessary steps to correct the publication, as we would be in breach of the JSE rules for takeovers and mergers by making such pronouncements before the TOBC is published by the JSE.

Anthony St G. Dunn, JP, MBA, BBA, Asc.

Chief Operating Officer

SSL Venture Capital Jamaica Limited, SSL Group