PRESS RELEASE – Eppley 2021 Closing Basis of Allotment Amended
Eppley Limited (EPLY) has advised of the Closing & Basis of Allotment for Subscribers of the new Redeemable 8.25 Fixed Rate preference Shares due 2012.
The Invitation for Subscription in respect of cumulative redeemable preference shares maturing in 2012 (the “2021 Preference Shares”) at the price of J$6.00 per share (the “Invitation”0 made subject to a prospectus of Eppley Limited (the “Company”) dated 17 November 2016 closed at 4:00 p.m. on the Closing Date, 8 December 2016.
A total of 225 application for Shares valued at approximately $361.6 million were received. The basis allotment of the Shares is 100% of each application amount. Eppley will now make an application to the Jamaica Stock Exchange to list the 2021 Preference Shares in accordance with the terms and conditions of the prospectus.
Eppley has expressed appreciation for the continued support of its ordinary and preference shareholders and customers.
