TCL FAQ


More Q‘s and A‘s...

Question:
What is TCL‘s fiscal year end?

Answer:
TCL‘s fiscal year end is 31st December.

Question:
How many shares are issued?

Answer:
Following the 1 for 5:2 share Rights Issue completed in August 2000, the issued share capital of the Company is now 249,765,136 Ordinary Shares.

Question:
When was TCL‘s initial public offering?

Answer:
The first public offering of TCL‘s shares was in January 1989 when the Government of Trinidad and Tobago (GOTT) started divesting its shareholding in TCL, and there was a public offer for sale of 12 million Ordinary Shares. This Phase 1 was completed in January 1989 at 75¢ per share. There was a subsequent public offer for sale (Phase II) of 21 million Ordinary Shares which was made in January 1990 at 85¢ per share.

Question:
What percentage of the Company does Management own?

Answer:
Employees including Management own 13,876,303 shares (5.56% of capital). Click here for details of shareholding

Question:
What is TCL‘s relationship with Cemex?

Answer:
Sierra Trading (Cemex SA de CV) holds 20% of the issued share capital of TCL. There is also a Strategic Alliance between the two companies.

Question:
What percentage of the Company does the Government of Trinidad and Tobago own?

Answer:
The Government of Trinidad and Tobago (GOTT) no longer owns any shares in TCL. The final sale of its shareholding was in May 1999 when the remaining 9.1% held by the Government was divested.

Question:
On which exchanges do TCL‘s shares trade?

Answer:

  1. The Trinidad & Tobago Stock Exchange [www.stockex.co.tt]

  2. The Securities Exchange of Barbados [www.seb.com.bb]

  3. The Jamaica Stock Exchange [www.jamstockex.com]

  4. The Eastern Caribbean Stock Exchange [www.ecseonline.com]

Question:
When did TCL go public?

Answer:
January 1989

Question:
Who is TCL‘s Share Registrar?

Answer:
The Share Registrar is:

The Trinidad and Tobago Central Depository Limited (TTCD)
10th Floor, Nicholas Tower
63-65 Independence Square
Port of Spain 
Trinidad West Indies 
Phone: (868) 625-5107

Question:
Who is TCL‘s independent auditor?

Answer: 
Ernst & Young

Question:
Who is TCL‘s Corporate Secretary?

Answer:
Mr. Alan Nobie is the Company Secretary for both Trinidad Cement Limited and TCL Holdings Limited. You may direct your queries to him as follows:
E-mail: cosec@tclgroup.com
Phone: (868) 659-0787
Fax: (868) 659-0818

Question:
When does TCL report its quarterly financial results?

Answer:
Quarterly financial results are reported within six weeks of the end of each quarter

Jan-Mar; Apr-Jun; Jul-Sept; Oct-Dec.

Question:
How many employees does the TCL Group have?

Answer:
The number of employees in the TCL Group as at the end of 2009 was approximately 1300. This includes its subsidiaries in Trinidad, Barbados, Guyana and Jamaica.