Facey Group Limited Offer of Seprod Ordinary Shares Basis of Allotment Delayed

Posted: November 8, 2018 at 4:33 pm

NCB Capital Markets Limited has advised that Facey Group Limited Offer of Seprod Ordinary Shares Basis of Allotment has been delayed. 

The brokerage further advised that it is in the process of reconciling the applications and verifying payments received and has requested approval to provide the Basis of Allotment on Monday, November 12, 2018.    

NCB Capital Markets Ltd advises that their preliminary numbers indicate that they have received 3,799 applications and due to the large number of subscribers for the Offer, the process is taking longer than anticipated.

NCB Capital Markets Ltd has apologized for the delay and ask for understanding as they work expeditiously to complete the processing of the applications for subscription.

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