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Basis of Allocation – Limners and Bards Ordinary Shares

NCB Capital Markets Limited has advised that they are pleased to announce the Basis of Allocation of The Limners and Bards Limited Initial Public Offer:

Methodology for allotment of Ordinary Shares
1. Reserve Share Pools
   a.  Applicants in the Employee Share Pool will receive a base plus a pro-rata allocation for the excess shares for which they applied
   b. Applicants in the Industry Reserved Share Pool will receive the amount allotted by the directors
   c. Applicants in the Broker Reserved Pool will receive full allotment
  d. Applicants in the Key Partner Reserve Shares Pool will receive the amount allotted by the directors

2. General Public Pool
 Subscribers from the General Public will receive up to the first 10,000 units (Base Allotment) plus approximately 4.62% of amounts applied for above the Base Allotment.

Multiple applications received from the same JCSD Account number were combined and treated as a single application for the purpose of allocation.