FOR IMMEDIATE RELEASE
Dolla Financial Services Limited Provides Instructions for Annual General Meeting
Kingston, Jamaica – May 28th , 2024
Dolla Financial Services Limited is pleased to announce the details for its Annual General Meeting (“AGM”) to be held on Friday, May 31st , 2024, at 11:00 a.m. The AGM will be conducted in a hybrid manner, allowing registered shareholders from any location to participate and vote on resolutions electronically.
To participate, shareholders and non-shareholders must register using the link: Dolla Financial Services Limited AGM 2024 REGISTRATION (best viewed on Chrome). Shareholders will need their JCSD Account Number for registration and voting purposes. Assistance in obtaining the account number can be obtained from the following means:
- Stock brokers,
- Dividend cheques,
- Payment advice, or the
- Registrar Services Unit of the Jamaica Central Securities Depository.
Non-shareholders can also attend as guests by registering through the same link. Upon registration and verification, participants will receive an electronic link and password via email, which should not be shared and can only be used by one user.
The registration deadline is May 30th , 2024.
Key Information:
- The AGM will commence at 11:00 a.m. on Friday, May 31st,2024.
- Relevant documents, including the Notice of AGM, Proxy Form, and 2023 Annual Report, can be found on
- Dolla Financial Services Limited website: https://dollafinancial.com/jm/annual-general-meeting/
- Dolla Financial AGM site: https://iteneri.com/dolla/events/dolla-financial-services-limited-annual-general-meeting
- The AGM will be live-streamed on the Dolla Financial YouTube page for global viewing, regardless of registration on the AGM website.
- Attendees will be muted and unable to unmute themselves for verbal communication.
- Questions related to the audited accounts can be submitted in advance to marketing@dollafinancial.com or during the AGM through the “Question & Answer” feature on the platform.
- Voting on resolutions will be done electronically by registered shareholders or their proxies.
For any registration or participation inquiries, please contact jcsdrs@jamstockex.com.
About Dolla Financial Services Limited:
Dolla began operations in 2014 offering Cambio and Remittance Services. In 2016, the Company shifted focus exclusively to Micro Financing, reallocating resources for better returns. This pivot was bolstered by acquiring a loan portfolio from former CEO, Kadeen Mairs and a private placement where FirstRock Private Equity Limited (FRPE) acquired 75% equity, facilitating further expansion.
The raised capital enabled Dolla to diversify its loan products and expand regionally. Starting with a single branch in Lucea, Hanover, Dolla now operates ten branches across Jamaica and owns two subsidiaries, Dolla Guyana Inc. and Ultra Financier Limited. On June 15, 2022, Dolla was listed on the Junior Market of the Jamaica Stock Exchange (JSE) after a $5 billion oversubscribed public invitation.
Leveraging its branch network and customer relationships, Dolla has disbursed over $6.30Bn in loans since inception, generating a profit before taxes of $445 million in 2023. As of November 24, 2022, Dolla operates under the Microcredit Act 2021, regulated by the Bank of Jamaica, emphasizing its commitment to transparency, compliance, and responsible financial practices while fostering regional economic development
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