Sygnus Real Estate Finance Limited (SRF) wishes to advise that further to their letter dated September 10, 2021, informing the Jamaica Stock Exchange of the successful closure of the Initial Public Offering (“IPO”), the Basis of Allotment of Allocation will be as follows:
- First Priority Reserved Pool – All applicants in this pool will receive full allotment.
- Key Investors Reserved Pool – All applicants in this pool will receive full allotment.
- General Pool – All applicants in this pool will receive full allotment.
Refunds to applicants who would have overpaid due to a rounding issue during the process, will be made on or before Friday September 24, 2021.
All applicants will receive a formal letter from the Jamaica Central Securites Depository (“JCSD”) advising them of their respective allotment of Shares in the Company in due course.
SRF will now proceed to apply for a listing of the Ordinary Shares on the Main Market of the Jamaica Stock Exchange.
Sygnus Capital Limited as Lead Arranger along with Joint Lead Brokers Sagicor Investments Jamaica Limited and Scotia Investments Jamaica Limited wishes to thank all 1,153 applicants for making this offer a success. The offer raised approximately J$2.3 billion dollars using the bank of Jamaica weighted average selling exchange rate on September 10, 2021.