Basis of Allotment for R.A. Williams Distributors Limited Issue of 400,000,000 Ordinary Shares
Sagicor Investments Jamaica Limited has advised of the basis of allotment of shares to successful Applicants in the offer of up to 400,000,000 ordinary shares in the capital of R.A. Williams Distributors Limited (the Offer). The Offer, made subject to the Prospectus dated June 19, 2024, was closed on July 31, 2024.
The Prospectus outlines two (2) Reserved Share Pools and a Non-Reserved Share Pool. The methodology and allotment of ordinary shares are as follows:
- Company Applicants
Applicants in the Company Applicants Reserve Share Pool shall receive full allotment of their subscription.
- Key Strategic Partners Applicants
Applicants in the Key Strategic Partners Reserve Share Pool shall receive full allotment of their subscription.
- Non-Reserved Applicants
All applicants from the Non-Reserved Share Pool shall receive the first 5,000,000 units plus a pro-rata allocation of approximately 56.01% of the
balance in excess of 5,000,000 units.
