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Financial News

Oct 2019 Financial News

JMMB Group Limited - Additional Public Offering of Ordinary Shares in Jamaica

Oct 17, 2019

JMMB Group Limited announces the publication in Jamaica of its Prospectus for its additional public offering of up to a maximum of 325,000,000 additional new ordinary shares. The shares are being offered to existing Shareholders and Team Members at a price per share of J$38.00 or TT$1.90*; to Key Investors at a price per share of $J$38.00 or TT$1.90* and to Non-Reserve Share Applicants at a price per share of J$38.75 or TT$1.94.

 

The opening date for subscriptions in respect of the offer is fixed for October 22, 2019 in Jamaica only, with the opening in Trinidad and Tobago being tentatively scheduled for October 25, 2019*.

 

*The opening of the offer in Trinidad and Tobago remains subject to regulatory approvals being obtained by JMMB Group Limited. A further release will be issued by the Company in the event those approvals are obtained.



Source:
The Trinidad and Tobago Stock Exchange Limited
Thursday 17th October, 2019