Basis of Allotment for Caribbean Assurance Brokers Limited

Posted: February 27, 2020 at 6:25 pm

Mayberry Investments Limited (MIL) has advised that it has completed the reconciliation of all applications in respect of Caribbean Assurance Brokers Limited’s Initial Public Offering. The  basis of allotment is as follows:

  1. Company Reserved (Director) were allocated 100%
  2. Company Reserved (Staff) were allocated 100%
  3. Key Partners Reserved were allocated 100%
  4. Mayberry Client Reserved; the first 1,000 units were allocated and the balance > 1,000 units were allocated approximately 1.6068%.
  5. Shares for the General Public; the first 1,000 units were allocated and the balance > 1,000 units were allocated approximately 1.4714%.

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