TRADING REPORT

February 25, 2016

Four securities traded firm as 27,302 shares traded on the Regular Market, with a total value of $136,180.52. Banks Holdings Limited was the volume leader trading 16,927 shares at $7.10. They were followed by FirstCaribbean International Bank and Fortress Caribbean Property Fund - Value Fund which traded 5,553 and 3,572 shares respectively.

Regular Market

Security / Volume / High / Low / Market
Price / Advance/
Decline
Banks Holdings Limited / 16,927 / $7.10 / $7.10 / $7.10 / $0.00
FirstCaribbean International Bank / 5,553 / $1.90 / $1.90 / $1.90 / $0.00
Fortress C'bean Property Fund - Value Fund / 3,572 / $0.61 / $0.61 / $0.61 / $0.00
Cable and Wireless Barbados Limited / 1,250 / $2.75 / $2.60 / $2.60 / $0.00

Put Through Market

Security / Volume / Market
Price
SAGICOR FINANCIAL CORPORATION / 83,996 / $2.05

Deposit Receipts

Security / Previous Close / Current Close / Advance/
Decline
EMERA DEPOSIT RECEIPT / $16.49 / $16.27 / $-0.22

Effective October 8th, 2012, the market price of a security listed on the board of the BSE will only change if a quantity of shares traded (in a single trade) is greater than or equal to the threshold amount (volume limit) as stated in the table below.

SECURITY / VOLUME LIMIT / SECURITY / VOLUME LIMIT /
ABV INVESTMENTS INCORPORATED / 3,500 / EMERA (CARIBBEAN) INCORPORATED / 1,000
BANKS HOLDINGS LIMITED / 4,000 / EMERA (CARIBBEAN) INCORPORATED 5.5% Pref / 100
BARBADOS DAIRY INDUSTRIES LIMITED / 300 / EMERA DEPOSIT RECEIPT / 1,000
BARBADOS FARMS LIMITED / 1,500 / SAGICOR FINANCIAL CORPORATION 6.5% Pref / 7,500
BICO INDUSTRIES LIMITED / 100 / SAGICOR FINANCIAL CORPORATION / 10,000
CABLE & WIRELESS (BARBADOS) LIMITED / 9,000 / THE WEST INDIES RUM DISTILLERY LIMITED / 300
CAVE SHEPHERD & COMPANY LIMITED / 1,500 / WEST INDIA BISCUIT COMPANY LIMITED / 300
FIRSTCARIBBEAN INTERNATIONAL LIMITED / 10,000 / JMMB GROUP LIMITED / 10,000
FORTRESS CARIBBEAN PROPERTY - DEV FUND / 3,500 / MASSY HOLDINGS LIMITED / 6,500
FORTRESS CARIBBEAN PROPERTY - VALUE FUND / 3,500 / ONE CARIBBEAN MEDIA LIMITED / 4,000
GODDARD ENTERPRISES LIMITED / 3,500 / TRINIDAD CEMENT LIMITED / 10,000
INSURANCE CORPORATION OF BARBADOS LIMITED / 2,500 / ROYAL FIDELITY TIGRS A3 FUND / 100


INDICES

INDEX / TODAY'S TRADING / LAST TRADING / CHANGES
February 25, 2016 / February 24, 2016
Local / 2,391.23 / 2,391.23 / -
Cross-list / 1,738.11 / 1,738.11 / -
Composite / 662.05 / 662.05 / -
MARKET CAPITALISATION (in millions) / TODAY'S TRADING / LAST TRADING / CHANGES
February 25, 2016 / February 24, 2016
Local / 6,052.66 / 6,053.78 / (1.13)
Cross-list / 2,862.76 / 2,862.76 / -
Composite / 8,915.42 / 8,916.55 / (1.13)

MUTUAL FUNDS

February 25, 2016
ENDED / NAME OF FUND / NAV / OFFER / BID / NAV CHANGE
19-Feb-16 / REPUBLIC CAPITAL GROWTH FUND / w / 1.5130 / 0.0089
19-Feb-16 / REPUBLIC INCOME FUND -* / w / 1.5717 / 0.0015
19-Feb-16 / REPUBLIC PROPERTY FUND / w / 1.2825 / -0.0003
19-Feb-16 / FORTRESS CARIBBEAN GROWTH FUND / w / 4.7531 / 4.7531 / 4.7531 / 0.0609
19-Feb-16 / FORTRESS HIGH INTEREST FUND - ACC. / w / 1.8533 / 0.0062
19-Feb-16 / FORTRESS HIGH INTEREST FUND - DIST. / w / 0.9990 / 0.0033
31-Jan-16 / ROYAL FIDELITY SELECT BALANCED FUND / m / 4.7078 / 4.7078 / 4.6136 / -0.0291
31-Jan-16 / ROYAL FIDELITY STRATEGIC GROWTH FUND / m / 0.8009 / 0.8009 / 0.7849 / -0.0129
31-Jan-16 / ROYAL FIDELITY PREMIUM INCOME FUND / m / 1.5035 / 1.5035 / 1.4734 / 0.0071
19-Feb-16 / SAGICOR GLOBAL BALANCED FUND / w / 2.18 / 0.04
19-Feb-16 / SAGICOR SELECT GROWTH FUND / w / 1.17 / 0.03
19-Feb-16 / SAGICOR PREFERRED INCOME FUND -* / w / 1.05 / 0.00
* Indicates the Fund is currently ex-div

NOTES: QUOTATIONS AND NET ASSET VALUE PER SHARE ARE SUPPLIED BY THE FUND MANAGEMENT. THE OFFERING PRICE INCLUDES NET ASSET VALUE PLUS ENTRY COSTS.

m = monthly valuation, q = quarterly valuation, w = weekly


NEWS

*********************************

ANNUAL GENERAL MEETING

FirstCaribbean International Bank Limited - Directors have fixed January 25th, 2016 as the record date for the determination of shareholders entitled to receive notice of the Annual General Meeting of the Shareholders of the Company which will be held on March 11th, 2016.

DIVIDEND DECLARATION

Goddard Enterprises Limited - Directors have declared a final dividend of fourteen ($0.14) cents per share to be paid on February 29th, 2016 to Shareholders on record at close of business on January 29th, 2016.

Cave Shepherd and Company Limited - Directors have declared a final dividend of six (0.06) cents per share to be paid on February 26th, 2016 to Shareholders on record at close of business on February 12th, 2016.

8th Avenue Belleville, ST. MICHAEL. BARBADOS. TEL:436-9871/72 FAX 429-8942 website: www.bse.com.bb /
SHARE SUMMARY INFORMATION /
Thursday February 25, 2016 /
Company / Last Trade Date / Volume / High / Low / Last Close / Current Close / Price Change / Bid Price / Ask Price / Bid Size / Ask Size /
ABV Investments Incorporated / 05-Feb-16 / $0.02 / $0.02 / $0.02 / $0.15 / 31,000 / 12,000
BICO Limited / 12-Feb-16 / $1.86 / $1.86 / $1.80 / 1,000
Banks Holdings Limited / 25-Feb-16 / 16,927 / $7.10 / $7.10 / $7.10 / $7.10 / $0.00 / $7.10 / 483,073
Barbados Dairy Industries Limited / 10-Jun-15 / $1.60 / $1.60 / $1.88 / $5.25 / 2,000 / 21,186
Barbados Farms Limited / 25-Jan-16 / $0.50 / $0.50 / $0.40 / $0.50 / 6,342 / 13,466
Cable and Wireless Barbados Limited / 25-Feb-16 / 1,250 / $2.75 / $2.60 / $2.60 / $2.60 / $0.00 / $2.60 / $2.75 / 2,751 / 17,770
Cave Shepherd and Company Limited -* / 23-Feb-16 / $3.35 / $3.35 / $3.35 / $3.68 / 7,900 / 4,148
FirstCaribbean International Bank / 25-Feb-16 / 5,553 / $1.90 / $1.90 / $1.90 / $1.90 / $0.00 / $1.90 / $2.40 / 3,077 / 7,440
Fortress Caribbean Property Fund - Dev Fund / 15-Feb-16 / $0.19 / $0.19 / $0.18 / $0.19 / 20,000 / 3,571
Fortress Caribbean Property Fund - Value Fund / 25-Feb-16 / 3,572 / $0.61 / $0.61 / $0.61 / $0.61 / $0.00 / $0.61 / $0.62 / 36,590 / 108,643
Goddard Enterprises Limited -* / 23-Feb-16 / $6.61 / $6.61 / $6.81 / 3,570
Insurance Corporation Of Barbados Limited / 24-Feb-16 / $2.75 / $2.75 / $2.91 / $2.95 / 4,525 / 4,800
JMMB Group Limited / 09-Feb-16 / $0.15 / $0.15
Emera (Caribbean) Incorporated 5.5% Pref / 06-Nov-15 / $3.11 / $3.11 / $3.11 / 1,491
Emera (Caribbean) Incorporated / 03-Feb-16 / $33.30 / $33.30 / $21.75 / $33.00 / 117 / 2,208
Massy Holdings Limited / 23-Feb-16 / $20.00 / $20.00 / $18.50 / $20.00 / 725 / 3,237
One Caribbean Media Limited / 23-Feb-16 / $7.00 / $7.00 / $3.05 / $7.00 / 3 / 1,000
Sagicor Financial Corporation Pref 6.5% / 22-Feb-16 / $2.26 / $2.26 / $2.00 / $2.04 / 630 / 3,270
Sagicor Financial Corporation / 18-Feb-16 / $2.03 / $2.03 / $1.86 / $2.00 / 3,500 / 450
The West Indies Rum Distilleries Limited / 13-Apr-15 / $8.00 / $8.00 / $8.00 / 13,100
Trinidad Cement Limited / 08-Feb-16 / $0.80 / $0.80 / $1.20 / $2.50 / 900 / 677
West India Biscuit Company Limited / 12-Feb-16 / $13.00 / $13.00 / $14.00 / 50
Emera Deposit Receipt / $16.49 / $16.27 / -$0.22
TOTAL SHARES BOUGHT & SOLD / 27,302
Junior Market
Royal Fidelity TIGRS A3 Fund / 18-Dec-13 / $10.00 / $10.00 / $10.50 / 100
TOTAL SHARES BOUGHT & SOLD / -
Fixed Income
Barbados Government Debenture 6.875% 2023 / 01-Feb-16 / $103.00 / 30,000
Barbados Government Debenture 7% 2027 / $98.50 / $104.00 / 50,000 / 50,000
Barbados Government Debenture 7.25% 2026 / 19-Jun-15 / $98.50 / $103.00 / 30,000 / 30,000
Barbados Government Debenture 7.25% 2029 / 26-Jan-16 / $98.50 / $101.00 / 20,000 / 20,000
Barbados Government Debenture 7.375% 2027 / 29-Jan-16 / $98.50 / $104.00 / 20,000 / 20,000
Barbados Government Debenture 8.50% 2018 / 21-Oct-15 / $105.00 / $111.00 / 100,000 / 150,000
Barbados Government T/Note 6% 2016 / 29-Jan-16 / $101.00 / 35,000
Barbados Government T/Note 6% 2017 / 27-Jan-16 / $105.00 / 296,000
TOTAL SHARES BOUGHT & SOLD / -
* = Security is Trading X-Div
*+* = Security is Suspended
** = Rights Issued