Demerara Distillers Limited

The Board of Directors of Demerara Distillers Ltd. met on November 21, 2024 and approved an Interim Dividend of $0.40 per share for 2024.

Demerara Distillers Limited has advised that Mr. Rudolph Collins has ceased to be a Director of the company from September 2024.

Demerara Distillers Limited has advised that Mr. Egbert Carter has ceased to be a Director of the company from July 2024.

Demerara Distillers Limited will hold their 72nd Annual General Meeting on Friday April 19, 2024 at 4:30 p.m. at the Parking Lot of the Guyana National Stadium, Providence, East Bank Demerara.

The Board of Directors met on Thursday, February 15, 2024 and recommended a Final Dividend of $1.60 per share for the year ended December 31, 2023. This will bring the total dividend for the year to $2.00 per share.

Demerara Distillers Limited will hold its 71st Annual General Meeting on Friday, April 21, 2023, at 4:30 p.m. at the Parking Lot of the Guyana National Stadium, Providence, East Bank Demerara.

The Board of Directors met on Tuesday, February 28, 2023 and recommended a Final Dividend of $1.35 for the year ended December 31, 2022. This will bring the total dividend for the year to $1.75 per share.

The Board of Directors of Demerara Distillers Ltd. met on October 20, 2022 and approved an Interim Dividend of $0.40 per share for 2022.

Demerara Distillers Limited will hold their 70th Annual General Meeting on Thursday May 12, 2022 at 4:00 p.m. at 214 Camp Street, North Cummingsburg, Georgetown.

“In light of the restrictions on public gatherings imposed under the Health Ordinance as a result of the Coronavirus global pandemic (COVID-19), the AGM will be conducted in the manner directed under Order of Court dated 15th day of March, 2022 and entered on the 25th day of March 2022 to wit:

1. no more than seven individuals (whose names are set out at (i) to (vii) below) representing, personally or by proxy, no less than 40% of the shareholding of DDL shall be present, in the capacity solely as shareholders, at the AGM namely;
   1. Chandra Gajraj, Trust Company (Guyana) Ltd.
   2. Maurice John, Hand in Hand Trust Corp. Inc.
   3. Roger Yee, Guyana & Trinidad Mutual Group of Companies.
   4. Phillip Fernandes, JP Santos & Co. Ltd.
   5. Khemraj Goberdhan, Diamond Fire & General Insurance Inc.
   6. Ede Tyrell
   7. Colin Thompson
2. as a shareholder of DDL, you are entitled to observe the AGM via electronic/virtual platform but not to be physically present at the Meeting. The access code for the electronic/virtual platform has been mailed to you along with this Notice;
3. as a shareholder of DDL, you are entitled to appoint one of the seven individuals named at (a) above as your proxy with instructions as to voting on the Motions to be proposed at the AGM. These Motions are set out in the Proxy Form, mailed to you along with this Notice;
4. shareholders may contact the Company Secretary’s Office at telephone numbers 592-265-2089 or 592-265-6000 or email: csec@demrum.com to address any questions in relation to this Notice or the AGM.”

The Board of Directors met on Thursday, March 17, 2022 and recommended a Final Dividend of $1.15 for the year ended December 31, 2021. This brings the total dividend for the year to $1.55 per share.

Mr. Joseph Singh is appointed  as a Non-Executive Director of Demerara Distillers Limited effective February 7, 2022.

The Board of Directors of Demerara Distillers Ltd. met on October 21, 2021 and approved an Interim Dividend of $0.40 per share for 2021.

Demerara Distillers Limited will hold their 69th Annual General Meeting on Friday April 23, 2021 at 4:00 p.m. at 214 Camp Street, North Cummingsburg, Georgetown.

“In light of the restrictions on public gatherings imposed under the Health Ordinance as a result of the Coronavirus global pandemic (COVID-19), the AGM will be conducted in the manner directed under Order of Court dated 3rd day of March, 2021 and entered on the 9th day of March 2021 to wit:

1. no more than seven individuals (whose names are set out at (i) to (vii) below) representing, personally or by proxy, no less than 40% of the shareholding of DDL shall be present, in the capacity solely as shareholders, at the AGM namely;
   1. Chandra Gajraj, Trust Company (Guyana) Ltd.
   2. Maurice John, Hand in Hand Trust Corp. Inc.
   3. Phillip Fernandes, JP Santos & Co. Ltd.
   4. Khemraj Goberdhan, Diamond Fire & General Insurance Inc.
   5. Rajnarine Singh, Sannap Manufacturing Co. Ltd.
   6. Ede Tyrell
   7. Colin Thompson
2. as a shareholder of DDL, you are entitled to observe the AGM via electronic/virtual platform but not to be physically present at the Meeting. The access code for the electronic/virtual platform has been mailed to you along with this Notice;
3. as a shareholder of DDL, you are entitled to appoint one of the seven individuals named at (a) above as your proxy with instructions as to voting on the Motions to be proposed at the AGM. These Motions are set out in the Proxy Form, mailed to you along with this Notice;
4. shareholders may contact the Company Secretary’s Office at telephone numbers 592-265-2089 or 592-265-6000 or email: csec@demrum.com to address any questions in relation to this Notice or the AGM.”

The Board of Directors of Demerara Distillers Ltd. met on November 19, 2020 and approved an Interim Dividend of $0.30 per share for 2020.

Demerara Distillers Limited will hold their 68th Annual General Meeting on Friday October 9, 2020 at 4:00 p.m. at 214 Camp Street, North Cummingsburg, Georgetown.

Here is an extract of the Notice of Annual General Meeting:

“In light of the restrictions on public gatherings imposed under the Health Ordinance as a result of the Coronavirus global pandemic (COVID-19), the AGM will be conducted in the manner directed under Order of Court dated and entered on the 4th day of September 2020 to wit:

(a)     no more than seven individuals (whose names are set out at (i) to (vii) below) representing, personally or by proxy, no less than 40% of the shareholding of DDL shall be present, in the capacity solely as shareholders, at the AGM namely;

(i)         Chandra Gajraj, Trust Company (Guyana) Ltd.

(ii)        Maurice John, Hand in Hand Trust Corp. Inc.

(iii)       Phillip Fernandes, JP Santos & Co. Ltd.

(iv)       Khemraj Goberdhan, Diamond Fire & General Insurance Inc.

(v)        Rajnarine Singh, Sannap Manufacturing Co. Ltd.

(vi)       Ede Tyrell

(vii)      Colin Thompson

(b)     as a shareholder of DDL, you are entitled to observe the AGM via electronic/virtual platform but not to be physically present at the Meeting. The access code for the electronic/virtual platform has been mailed to you along with this Notice;

(c)     as a shareholder of DDL, you are entitled to appoint one of the seven individuals named at (a) above as your proxy with instructions as to voting on the Motions to be proposed at the AGM.  These Motions are set out in the Proxy Form, mailed to you along with this Notice;

(d)     shareholders may contact the Company Secretary’s Office at telephone numbers 592-265-2089 or 592-265-6000 or email: csec@demrum.com to address any questions in relation to this Notice or the AGM.”

Demerara Distillers Limited will hold their 68th Annual General Meeting on Friday April 3, 2020 at 4:30 p.m. at DDL’s Diamond Complex, Plantation  Great Diamond, East Bank Demerara.

The Board of Directors met on Thursday, February 20, 2020 and recommended a Final Dividend of $0.90 for the year ended December 31, 2019. This brings the total dividend for the year to $1.15 per share.

The Directors of Demerara Distillers Ltd. met and recommended an Interim Dividend of $0.25 per share for 2019.