Proven Investments Limited (PROVEN) – Additional Public Offer

Posted: October 12, 2020 at 4:00 pm

Proven Investments Limited (PROVEN) has advised that the Board of Directors of the Company has authorized the Company to take formal steps to obtain all necessary regulatory approvals to launch an invitation to the public in Jamaica for subscription of an additional block of ordinary shares (hereinafter referred to as the “New Ordinary Shares”) such as New Ordinary Shares to rank pari passau upon issue in all respects with the existing ordinary shares in the capital of the Company, and be made available for subscription as aforesaid on such terms and conditions as shall be approved by the directors of the Company.

Details of the amount of New Ordinary Shares to be made available for subscription upon such regulatory approvals being granted and the applicable terms and conditions of the invitation will be advised once the directors of the Company have approved them, PROVEN further stated.

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