Media
A Milestone Achievement for Cave Shepherd & Co. Limited – Wind up of DB Pension Plan
We are pleased to update on the progress made to date on the wind-up of our Defined-Benefit Pension Plan, [effective May 31, 2023]. The process was a collaborative effort with pensioners and employees from Cave Shepherd, Payce Digital, and Duty Free Caribbean (Holdings) Ltd. After extensive meetings held back in March 2023, we achieved an overwhelming 84% vote in favour of a 50:50 surplus share between members and the company. We needed a two-thirds majority across all member classes – pensioners, active [...]
Supporting Our Community: A Step Forward Together
Yesterday marked a significant moment of community solidarity as the Cave Shepherd Community Fund proudly donated $30,000 to the Rotary Fisherfolk Donation Appeal. The handover ceremony, held in the presence of boat owners from Oistins' and Bridgetown was a testament to the resilience and unity of our community. In attendance representing the Cave Shepherd Group were Rotarians, Paul M. Ashby, Keri Mapp, Peter Arender, as well as Dale Niles, Community Engagement Lead - Cave Shepherd Community Fund. The funds will be dedicated [...]
Cave Shepherd Group eNews July 2024 Edition
The latest edition of the Cave Shepherd eNews is now available! Catch up on all the news and updates that have been happening - We've had a busy and productive start to the year and have achieved significant milestones. Read all about it in this edition of the Group eNews! Cave Shepherd Group_eNews_July 2024 Edition
Supporting Carriacou: A Joint Pledge for Hurricane Beryl Relief
In response to the devastation caused by Hurricane Beryl on July 1, 2024, Ganzee Grenada, and its joint shareholders, Cave Shepherd & Co. Limited of Barbados, and Tourvest Retail Services of South Africa, came together to support Carriacou. With guidance from Lyden Ramdhanny, a prominent Grenadian businessman and director on the Cave Shepherd Board, the joint shareholders donated XCD$100,000 towards relief efforts and rebuilding initiatives. We are committed to aiding the Carriacou community in these challenging times. The funds were channelled through [...]
Interim Dividend Declared
The Board of Cave Shepherd & Co. Limited have declared an Interim Dividend of $0.18 cents per share payable to shareholders at Record Date, August 9, 2024. The dividend will be paid on August 23, 2024. CS&CO_Interim Dividend Notice_Aug 2024_4x3col
Successful Launch of New Employee Share Purchase Scheme (ESPS)
We are thrilled to announce the successful launch of our new Employee Share Purchase Scheme(ESPS)! In just 6 months, we have already seen over 50 employees in our Group sign up to participate in this fantastic opportunity. This overwhelming response reflects our team's strong belief in our Company's vision and future growth. The ESPS is designed to empower our employees by giving them a direct stake in our company's success to become ‘owners’ of the Company and to participate directly in its [...]