GK Capital Management Limited has advised on behalf of their client Indies Pharma Jamaica Limited, the Preliminary Basis of Allotment of their Initial Public Offering:
1. Directors’ Reserved Shares Reserved were allocated 100%
2. GK Reserved Shares were allocated 100%
3. Employees’ Reserved Shares were allocated 100%
4. Key Partners’ Reserved Shares were allocated 100%
5. Brokers’ Client Reserved Shares the first 15,000 units were allocated; the balance > 15,000 units will be allocated proportionally
6. Company Reserved Shares were allocated 100%
7. Shares for the General Public the first 10,000 units were allocated; the balance > 10,000 units will be allocated proportionally
