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Everything Fresh Limited – Basis of Allotment of Shares in the Initial Public Offering

Everything Fresh Limited Basis of Allotment

Stocks and Securities Limited (SSL), lead broker and financial advisor to Everything Fresh Limited in the Initial Public Offering which opened on May 17, 2018 and closed on May 24, 2018, has advised that the basis of allotment of the shares which were applied for has been determined.

SSL states that a total of 1,363 applications were received for a total of 164,753,900 ordinary shares, whereas the Company’s prospectus invited applications for a total of 156,000,000 shares. The basis of allotment of the shares in accordance with the terms and conditions set forth in the Prospectus dated May 1, 2018, is as follows:

  • Employee Shares                                   –     100% allocation of shares applied for
  • Key Partner and Associate Shares     –     100% allocation of shares applied for
  • General Public                                       –     100% allocation of shares applied for
  • SSL Clients and SSL Employees        –     100% allocation of shares applied for
  • SSL Reserved Shares                           –      88% allocation of shares applied for