News Release – Wigton Windfarm Limited’s IPO Closes
Mayberry Investments Limited (MIL), financial adviser and lead broker to Petroleum Corporation of Jamaica (PCJ) in the Offer for Sale of 11,000,000,000 ordinary shares in its subsidiary, Wigton Windfarm Limited, at the price of J$0.50 per share, made subject to a prospectus of the Company, dated Monday, April 8, 2019, is advising the public that the Offer has been closed as of Wednesday, May 1, 2019 at 4:30 p.m.
MIL further advised that the Jamaica Central Securities Depository (JCSD) is responsible for receiving and reconciling all applications from all Selling and Collecting Agents to the Offer.
MIL also advised that the Company anticipate that applicants will be informed of the preliminary basis of allotment of the shares by Monday, May 6, 2019. MIL’s advisory further stated that “Wigton intends to make an application to list its shares on the Main Market of the JSE, but cannot guarantee that the shares will be so listed”.
