PORT OF SPAIN, Trinidad – November 2, 2023. A.S. Bryden & Sons Holdings Limited (“A.S. Bryden”) today announced that it has received approval to list its ordinary and preference shares by introduction on the Main Market of the Jamaica Stock Exchange (“JSE”). By listing its shares by introduction, A.S. Bryden is not offering any new shares for sale to the public, but is publicly listing all existing shares and making them available for trading. A.S. Bryden will list on the JSE Main Market on November 10, 2023.
In marking the occasion, P.B. Scott, Chairman of A.S. Bryden said, “Becoming a publicly listed company is a fitting way to commemorate A.S. Bryden’s 100 years in business. Listing on the largest, most active stock market in the Caribbean will create greater opportunities for the company, its employees, and its shareholders and reflects the regional scope of our business.”
Richard Pandohie, CEO of A.S. Bryden said, "The listing on the JSE fulfils our commitment made to stakeholders, especially to our employees who have demonstrated confidence in the company’s direction by acquiring shares. The majority of our current shareholders are employees and this listing will provide them with an active market for their shares in addition to allowing investors across the region to participate in Bryden’s journey.”
Note to the Editor
A.S. Bryden is one of the largest distributors of fast-moving consumer goods in Trinidad and Tobago. It represents global food, liquor, pharmaceutical, hardware, houseware and industrial equipment brands, and manufactures products under its own brands. A.S. Bryden has a large market share in Trinidad and Tobago with a growing presence in Barbados and Guyana.
A.S. Bryden operates through four principal operating subsidiaries: A.S. Bryden & Sons (Trinidad) Limited, Bryden pi Limited, F.T. Farfan Limited, and Micon Marketing Limited.
Founded in 1923, today A.S. Bryden has over 1,400 employees and generates revenues in excess of US$245 million. Based on revenue, A.S. Bryden is one of the largest consumer goods companies in the English-speaking Caribbean. In June 2022, the Company was acquired by Seprod Limited and its co-investors.
A.S. Bryden & Sons (Trinidad) Limited distributes food, hardware and housewares and premium beverages for international principals and their brands including Mondelez, Moët-Hennessy, Diageo, Red Bull, Whirlpool, Rubbermaid, Truper, Reynolds, Grupo Nutresa, Black & Decker, LG, KitchenAid, Oster and Speed Queen. A.S. Bryden & Sons (Trinidad) also owns the Eve brand of products.
Bryden pi Limited distributes healthcare, personal care, and food and grocery products for international principals and their brands including Kimberly Clark, Mead Johnson, Baxter, Roche, GlaxoSmithKline, L’Oreal, Novartis, Sanofi and Sandoz. Bryden Pi also manufactures a line of over the counter products through its wholly owned subsidiary Genethics and operates in Guyana through its subsidiary Bpi Guyana Inc. and in Barbados through its joint venture Armstrong Healthcare Inc.
F.T. Farfan Limited is an industrial supply, service, and rental company that serves leading international brands including Stihl, JCB, Castrol, Cummins, Lincoln Electric, and Shacman. F.T. Farfan operates in Trinidad and in Guyana through its subsidiary Icon Guyana.
Micon Marketing Limited is a mid-sized distributor of fast-moving consumer goods in Trinidad and Tobago with a smaller presence in St. Vincent through its subsidiary Facey Trading St. Vincent Limited. Micon represents global brands in Trinidad and Tobago including Unilever, Supligen, Lucozade, Ribena, Nestle, Fermipan, Breeze, Quix, Welch’s, and Gold Seal Flour.