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The Jamaica Stock Exchange (JSE) is advising that trading has been suspended in the shares of Productive Business Solutions Limited (PBS) and IronRock Insurance Company, respective main and junior market firms effective Tuesday (July 2).
In the case of PBS, the JSE advises that in keeping with the JSE’s Main Market Rule 408 (iii) on Audited Annual Financial Statements, it has suspended trading in the shares of PBS pending the company’s submission of its 2023 audited financial statements.
PBS’s 2023 audited financial statements became due on March 30 and is 93 days overdue as at July 1.
Regarding the suspension of IronRock, this was done in keeping with the JSE’s Junior Market Rule Appendix 2, Part 4 (1) (e) Quarterly Financial Statements and JSE’s Junior Market Rule Appendix 2, Part 4 (2) (e) on audited annual financial statements.
The suspension is pending the submission of its 2023 audited financial statements and Q1 2024 unaudited financial statements. IronRock’s 2023 audited financial statements and first-quarter unaudited financial statements for the period ended March 2024 became due on March 30 and May 15, respectively, and are consequently 93 and 47 days overdue as at July 1.
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