KINGSTON, JAMAICA
FOR IMMEDIATE RELEASE
14 NOVEMBER 2014
Eppley Limited: Basis of Allotment of 2019 Preference Shares
The Invitation for Subscription in respect of cumulative redeemable preference shares maturing in 2019 (the “2019 Preference Shares”) at the price of J$6 per share (the “Invitation”) made subject to a prospectus of Eppley Limited (the “Company”) dated Tuesday 4 November 2014 closed on the Opening Date, Tuesday 11 November 2014 at 9:01 a.m. due to oversubscription.
The Company has exercised its option to make up to 58,333,334 Preference Shares available given the oversubscription.
A total of 203 applications for Shares valued at approximately $523.8 million were received.
The Shares were allotted on a first come first served basis. 123 Applicants received full allotment. The remaining Applicant, being an institution who applied for an amount in excess of J$100m received a proportional allotment of 42.1%.
For further information please contact:
Karl Townsend Nicholas Scott
Country Officer – Jamaica Managing Director
JMMB – Capital Markets Unit Eppley Limited