NCB Capital Markets Ltd – Productive Business Solutions Ordinary Shares Basis of Allocation

Posted: July 14, 2017 at 5:27 pm

NCB Capital Markets Limited has advised that further to their notice of the closure of Invitation for Subscription made by Productive Business Solutions Limited in respect of Ordinary Shares, the Basis of Allocation is as follows:

Methodology for allotment of USD Ordinary Shares:

     1)   Reserve Shares

           a.   Portland Private Equity Funds will receive full allotment up to US$15,000,000.00

           b.   PBS Employees will receive full allotment up to US$4,000,000.00

     2)  General Public

           Subscribers from the general public will receive full allotment up to US$5,500.00,anything in excess of this amount will be pro-rated.

 

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