First Rock Real Estate Investments Limited (FIRSTROCK) advises that a total of 100,000 FIRSTROCKUSD shares were purchased on September 7, 2022, under the Company’s share buy-back program.
FIRSTROCK further advises as follows:
- The price per share was US$0.04.
- The purpose for the purchase is to unlock shareholder value over time.
- The source of funding was cash on the Company’s balance sheet.
- The shares were repurchased on the open market via our broker, Sagicor Investments.
- The maximum number of shares intended to be purchased during the share buy-back programme are 3,825,300 FIRSTROCKJMD shares and 24,777,232 FIRSTROCKUSD shares, being 10% of the company’s shares in issue.
