NOTICE IS HEREBY GIVEN that the 75th ANNUAL GENERAL MEETING of CARIBBEAN CEMENT COMPANY LIMITED (‘CCCL” or “the Company”) will be held virtually, via live webcast on Thursday, July 18th, 2024 at 10:00 a.m. Shareholders may attend remotely and participate in the meeting, by following the registration process set out in this Notice. This meeting is called for transaction of the following business:
ORDINARY BUSINESS
- AUDITED ACCOUNTS FOR YEAR ENDED DECEMBER 31, 2023
To receive the audited accounts for the year ended December 31, 2023, together with the Directors’ and Auditors’ Reports circulated therewith and declare
- THAT the Balance Sheet and Profit & Loss Account for the year ended December 31, 2023, together with the Reports of the Directors and Auditors now submitted to this meeting, be and are hereby adopted; and
- THAT a final dividend of $1.9655 per share be and is hereby declared payable out of the profits of the Company in respect of the year under review on September 3rd, 2024, with record date of July 23rd
- APPOINTMENT & REMUNERATION OF AUDITORS
To appoint Auditors and authorize the Directors to fix the remuneration of the Auditors.
- ELECTION OF DIRECTORS
In accordance with Article 96 of the Company’s Articles of Incorporation, the following Director retires by rotation and, being eligible, offers himself for re-election:
- Francisco Aguilera
- THAT the retiring Director, Francisco Aguilera be and is hereby re-elected.
In accordance with Article 103 of the Company’s Articles of Incorporation, the following Director having been appointed since the last Annual General Meeting retires and being eligible offers himself for re-election:
Jorge Martinez
In accordance with Article 103 of the Company’s Articles of Incorporation, the following Director having been appointed since the last Annual General Meeting retires and being eligible offers herself for re-election:
Alejandra Hernandez
- THAT the retiring Director Jorge Martinez, be and is hereby re-elected.
- That the retiring Director Alejandra Hernandez, be and is hereby re-elected.
- REMUNERATION OF DIRECTORS
To fix the remuneration of the Directors:
THAT the amount shown in the accounts of the Company for the year ended December 31, 2023, as remuneration of the Directors for their services as Directors be and is hereby approved.
- To transact any other business which may properly be transacted at an Annual General Meeting.
NOTE:
- Proxies
Members of the Company entitled to attend and vote at the Meeting can appoint one or more proxies to attend remotely and vote instead of them. A proxy need not also be a member. Where a proxy is appointed by a corporate member, the form of proxy should be executed under seal or signed by an officer or attorney duly authorised.
To be valid, the proxy form must be completed and deposited at the registered office of the Company, situated at Rockfort, Kingston addressed to “The Company Secretary” not less than 48 hours (excluding non-business days) before the time fixed for holding the Meeting. The proxy form should bear stamp duty of $100.00. The stamp duty may be paid by adhesive stamps which should be affixed to the Proxy Form.
- Annual Report
The electronic version of the Annual Report for the year ended December 31, 2023 can be accessed via www.caribcement.com.
III. Instructions to participate in Annual General Meeting
- Shareholders wishing to attend are being invited to do so remotely.
- Shareholders are required to pre-register during the period June 14, 2024, to July 15, 2024 to attend the meeting remotely, via the following steps:
- Visit caribcement.com and click on the banner “Annual General Meeting”
- Select “Register to Attend Meeting” and fill in the requested information in the spaces provided (full name; address; Taxpayer Registration Number (TRN) or share account number; a valid email address and contact number). Shareholder registration closes at 4:30 p.m. on July 16, 2024.
- Shareholders who wish to appoint a proxy, to attend the meeting virtually, shall be required to submit a valid Proxy Form; and select “Register Proxy to Attend Meeting” and fill in the requested information, as stated above, in respect of the shareholder as well as the person(s) being appointed proxy. Proxy registration closes at 10:00am on July 16, 2024.
The information submitted upon registration will be validated through Sagicor Bank Limited. Subsequent to verification that the shareholder is on record an email shall be sent with unique login credentials, to attend the meeting via Zoom.
- Additional guidelines on virtual attendance and participation is available on the Company’s website.
