Mayberry Investments Limited (MIL) has advised that its in the process of completing their in-house reconciliation of all applications in respect of Caribbean Assurance Brokers Limited’s Initial Public Offering. The indicative basis of allotment will be as follows:
- Company Reserved (Director) were allocated 100%
- Company Reserved (Staff) were allocated 100%
- Key Partners Reserved were allocated 100%
- Mayberry Client Reserved; the first 1,000 units were allocated and the balance > 1,000 units were allocated proportionally
- Shares for the General Public; the first 1,000 units were allocated and the balance > 1,000 units were allocated proportionally
MIL further advised that the above basis is preliminary and is subject to reconciliation with the Jamaica Central Securities Depository.
