A.S. Bry­den & Sons Hold­ings will list its or­di­nary and pref­er­ence shares on the Trinidad and To­ba­go Stock Ex­change on Fri­day.

The com­pa­ny an­nounced that the list­ing will be by in­tro­duc­tion, mak­ing ex­ist­ing shares avail­able for trad­ing. How­ev­er, no new shares will be of­fered to the pub­lic at this time.

Chair­man P.B. Scott said the com­pa­ny has op­er­at­ed in Trinidad and To­ba­go for more than a cen­tu­ry and the list­ing ful­fills its com­mit­ment to place its shares on the lo­cal ex­change. He added that the move gives the com­pa­ny ad­di­tion­al op­tions for ac­cess­ing cap­i­tal in the fu­ture.

Chief Ex­ec­u­tive Of­fi­cer Richard Pan­do­hie said the com­pa­ny’s em­ploy­ees are cen­tral to its op­er­a­tions, with many al­so be­ing share­hold­ers. He stat­ed that the list­ing pro­vides them with a new mar­ket for their shares while al­low­ing oth­er stake­hold­ers in Trinidad to par­tic­i­pate in the com­pa­ny’s progress.

The com­pa­ny con­firmed that Hamel Smith and Re­pub­lic Wealth Man­age­ment served as its le­gal coun­sel and bro­kers for the list­ing.

A.S. Bry­den joins the list of com­pa­nies whose shares are trad­ed on the Trinidad and To­ba­go Stock Ex­change.