Proven Investments Limited (PROVEN) has advised that the Company and Sagicor Investments Jamaica Limited (“Sagicor Investments”) have entered into an underwriting agreement in respect of the proposed Additional Public Offering (“APO”) of ordinary shares recently announced by PROVEN.
PROVEN has further advised that Sagicor Investments’ commitment under the Underwiring Agreement, which is subject to the APO receiving all regulatory approvals, is for up to US$50M.