Sagicor Select Fund IPO- Delay in Submission of Details and Basis of Allotment
SAGICOR SELECT FUNDS LIMITED HEREBY notifies all applicants in the
IPO for SAGIOR FINANICAL SELECT FUND that:
- 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