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Proven Investments Limited (PROVEN) – Underwriting of Proposed APO

Proven Investments Limited (PROVEN) and Sagicor Investments Jamaica Limited (SIJL) have entered into an underwriting agreement in respect of the proposed Additional Public Offering (APO) of the ordinary shares recently announced by PROVEN.

SIJL’s commitment under the Underwriting Agreement, which is subject to the APO receiving all regulatory approvals, is for up to US$50M.