Jetcon Corporation Limited (the “Company”) has made an invitation for subscription (the “Invitation”) in respect of 44,500,000 ordinary shares (the “Shares”) subject to a prospectus dated 7 March 2016 (the “Prospectus”).
The Invitation closed on the Opening Date, Monday, March 14 at 9:01 a.m. due to oversubscription. A total of 256 applications for Shares valued at J$112,961,225 were received. Applications were dealt with on a pro-rata basis.
The basis of allotment of the Shares is as follows:
Board Reserved Shares (excluding the Chairman): 100% allocation of Shares applied for
Employee Reserved Shares:- 100% allocation of Shares applied for
Chairman Reserved Shares:- 100% allocation of shares applied for
Existing Client Shares:- 100% allocation of Shares applied for
General Public:- 100% of the first 5,000 Shares applied for and 83.11% allocation of the balance
The Shares will be allotted in accordance with the terms and conditions set of in section 6 of the Prospectus issued by the Company.
