Overview

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Financial analysis background for investor relations

LISTINGS

One Caribbean Media Limited is listed on the Trinidad and Tobago Stock Exchange and cross-listed on the Barbados Stock Exchange.

Ticker Symbol: Our ticker symbol is ‘OCM’.

REPORTS

OCM publishes reports to shareholders on a quarterly basis. Publication is made in the leading newspapers in Trinidad and Tobago and Barbados approximately 3 weeks after the end of the relevant quarter, with publications also being available on this website.

In Trinidad and Tobago, the results are published in TT dollars as required by law. In Barbados and on the website, the results are published in US dollars.

Financial Results are available for download from the Financial Results section.

DIVIDENDS

OCM is committed to the payment of a reasonable dividend to our shareholders consistent with the performance of the company and with the retention of sufficient profits to maintain and build a strong capital base.

In this regard, the Board anticipates that the Company will pay dividends twice yearly, in the form of an interim dividend and a final dividend.

Expected payout: The levels of dividends will depend on the financial performance of the Company; however subject to profitability and no unforeseen adverse circumstances, dividends are expected to be in the vicinity of 50% of after-tax profits.

CORPORATE GOVERNANCE

One Caribbean Media is committed to the maintenance of strong corporate governance practices that allocate rights and responsibilities among the company’s stockholders, Board of Directors and management in a manner that enhances shareholder value.

Accordingly, our corporate governance practices are designed not just to satisfy regulatory requirements, but to provide for the effective oversight and management of the company.

BOARD OF DIRECTORS

Board Composition

The Board of Directors comprises eight (8) members, of which three are executive and five are non-executive.

Standing Committees

Governance Committee: Responsible for policies, compliance, compensation, and recruitment.

Strategic Investment Committee: Reviews proposals for acquisitions, mergers, and financial oversight.

Audit Committee: Responsible for all internal and external audit matters.