GK Capital Management Limited, Lead Broker for Regency Petroleum Co. Limited’s Initial Public Offering, has advised that the Company’s basis of allotment will be as follows:
1. Key Strategic Partners and Employees Pool: 100% allocation
a. Any shares not applied for by staff becomes available for key partners
2. Associate Loan Conversion Pool: 100% allocation
a. Any shares not applied for by staff becomes available for the general public
3. GK Investments Loan Conversion Pool: 100% allocation
4. General Public Pool:
a. All applicants receive the first 10,000 shares applied for
b. Approximately 5.3% pro-rata share allocation thereafter
Applications in the general pool with the same JCSD number were consolidated and treated as one.
