Sagicor Select Fund IPO- Delay in Submission of Details and Basis of Allotment

Sagicor Select Fund IPO- Delay in Submission of Details and Basis of Allotment

July 25, 2019

SAGICOR SELECT FUNDS LIMITED HEREBY notifies all applicants in the

IPO for SAGIOR FINANICAL SELECT FUND that:

  1. Sagicor Financial Select Fund will not be able to submit the details and

basis of allotment pursuant to its IPO that closed its subscription list on

Tuesday, July 16th, 2019 at 4:30 p.m. within the prescribed six (6)

business days;

      2. The reason for the abovementioned delay is the very high volume of

applications received in the IPO which we estimate, as at the date of

this notice, to be approximately twenty thousand (20,000)

applications;

      3. We are working assiduously to process the applications so that we may

be in a position to submit the details and basis of allotment to the

Jamaica Stock Exchange by Tuesday, July 30, 2019; and

      4. We expect all refunds to applicants to be completed by Friday, August

2, 2019.

PUBLISHED BY SAGICOR SELECT FUNDS LIMITED