Proven Investments Limited (ProvenJA) has advised that the Invitation for Subscriptions to its prospectus dated December 8, 2016, in respect of Tranche A of 200, 000,000 8.25% Cumulative Redeemable JMD Preference Shares, at the price of J$5.00 per share, closed on December 21, 2016.
ProvenJA further reported that a total of 723 applications were received for 215,075,012 shares and that all applicants will receive 100% of the amount of shares applied for.
