Sagicor investments Jamaica Limited has advised on the Basis of Allotment to Subscribers for iCreate Limited issue of 74,062,500 Ordinary Shares at a subscription price of $J1.01 per share. The Offer, made subject to the prospectus of iCreate Limited, dated January 17, 2019, closed on February 1, 2019.
The Prospectus outlined two (2) Reserved Share Applicants and a General Pool. The Methodology and allotment of ordinary shares are as follows:
- Key Partner Pool A
These applicants were allocated 100% of the amounts applied for.
2. Key Partner Pool B
These applicants were allocated 100% of the amounts applied for.
3. General Public Pool
Of the applications received, the first 400,000 units were allocated 100%. The balance in excess of 400,000 units was allocated approximately 1.32%.
