This reorganization is aimed at enhancing capital and operational efficiency and our agility in responding to market opportunities. Ultimately, taking the company private will simplify our structure and operations, allowing us to focus more sharply on long‑term value creation and core business growth.
SGJL has maintained a consistently strong performance and is a key part of the global Bank’s growth agenda. This transaction represents a significant capital investment and signals the confidence we have in the future of the business.
Scotiabank remains fully committed to supporting our clients, communities, and the country’s national development agenda, and this step strengthens our ability to do so.
Submitting your proxy & currency election form
Electronic copies are not accepted.
If you have not received a physical package including the proxy form, you should either
i) Download, complete and submit your Proxy FormOR
ii) visit any Scotiabank branch to collect a proxy form.
Once the form is completed and signed, follow the submission instructions on page two of the proxy form.
Please follow proxy instructions in questions 2 and 3 above.Only signed original copies are valid for voting.
A stamp is required for the proxy to be valid.
The Currency Election form is to be completed if you opt to receive your payout in United States Dollars to a USD dollar account.
i.) The stockholder’s account number is the same as your account number with Jamaica Central Securities Depository (JCSD). You may contact your Broker for the account. If you do not have a Broker, please contact the JCSD directly.
ii.) You may also choose to indicate your TRN in that field in the following format – “TRN – (insert your 9-digit number)”.
The Currency Election Form is to be dropped off at the locations indicated on the form.
Voting is considered valid if you have submitted a proxy or if you attend in person. Online voting is not allowed.
You should receive an email from Scotiabank confirming your registration.
Payment-related questions
Payouts will be made in a single currency. You will be paid in JMD unless you provide a Currency Election form
Yes. Once you opt to receive USD as the payout currency, the funds can be deposited to a USD account in a local Bank or to a USD account in an overseas bank.
Payouts will only be successful if the account information provided matches the currency elected. All USD payouts will be made by bank/wire transfer. Cash payouts will not be facilitated.
Scotiabank will not be deducting any fees, commissions or taxes from the payout to the shareholders’ account. In the example, Scotiabank will send the payout of $750,000 to the shareholder’s account.