KINGSTON, JAMAICA
FOR IMMEDIATE RELEASE
2 DECEMBER 2013
EPPLEY LIMITED: BASIS OF ALLOTMENT OF PREFERENCE SHARES
The Invitation for Subscription in respect of 50,000,000 9.5% cumulative redeemable preference shares (the “Preference Shares”) at the price of J$6.00 per share (the “Invitation”) made by Eppley Limited (the “Company”) subject to a prospectus dated Wednesday 13 November 2013 (the “Prospectus”) closed on the Closing Date, Wednesday 27 November 2013 at 4:00 p.m.
A total of 303 applications for Preference Shares valued at approximately J$361.95 million were received from prospective investors (“Applicants”). As the Invitation was oversubscribed, the Company intends to exercise its right to issue further Preference Shares (up to a total of 100,000,000 Preference Shares) and to allot 60,325,600 Preference Shares in the Invitation in the aggregate, subject to the terms and conditions set out in the Prospectus.
All Applicants will receive 100% of the amount of the Shares they applied for.
For further information please contact:
Karl Townsend
Country Officer – Jamaica
JMMB – Capital Markets Unit
(876) 704-6520
Nicholas Scott
Managing Director
Eppley Limited
(876) 371-2690
