CWJ requests change of period for suspending trading of its shares

Cable & Wireless Jamaica (CWJ) has requested a change of period for suspension of trading in CWJ Shares.
The current suspension of CWJ shares began on March 5 and is scheduled to end on March 22.
However, CWJ is seeking to change the end date to March 20 to facilitate the earlier execution of the block transfer of shares which accepting shareholders have agreed to sell to CWJ Cala Holdings.
The transfer is part of the process which will involve Cala Holdings acquiring all of CWJ shares it does not currently hold.
The process is being challenged by minority shareholder Jason Abrahams.

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