Ja­maican man­u­fac­tur­ing and dis­tri­b­u­tion com­pa­ny, Se­prod, is press­ing ahead with the list­ing of its T&T-based sub­sidiary, high-end dis­trib­u­tor AS Bry­den & Sons Hold­ings, on the lo­cal stock mar­ket.

Re­spond­ing to an on­line ques­tion at the Se­prod an­nu­al meet­ing yes­ter­day, the com­pa­ny's CEO Richard Pan­do­hie, said it re­ceived the ap­proval of the T&T Se­cu­ri­ties and Ex­change Com­mis­sion (TTSEC) to list AS Bry­den at a meet­ing last week.

Pan­do­hie said the TTSEC’s ap­proval of the list­ing of AS Bry­den was a “sig­nif­i­cant hur­dle to cross.”

And he said the next meet­ing on the list­ing of AS Bry­den is ex­pect­ed to be be­tween Se­prod and the Trinidad and To­ba­go Stock Ex­change on Au­gust 18.

“We are con­fi­dent of a list­ing in very short or­der,” said Pan­do­hie.

Se­prod ac­quired a ma­jor­i­ty stake in AS Bry­den in 2022.

In June 2025, Se­prod in­creased its share­hold­ing in AS Bry­den to 80 per cent, when it com­plet­ed the ac­qui­si­tion of 447,491,012 or­di­nary shares rep­re­sent­ing 29.85 per cent of the com­pa­ny’s out­stand­ing shares.

The of­fer price payable to AS Bry­den share­hold­ers who ac­cept­ed the of­fer was new­ly is­sued or­di­nary shares in Se­prod, at a rate of 396.43 or­di­nary shares in Se­prod per 1,000 or­di­nary shares of the com­pa­ny.