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All Wigton IPO shares allocated

The Jamaica Central Securities Depository and Mayberry Investments say all public sector workers who applied for less than 15,000,000 shares in the Wigton IPO, were given full allocation. 
 
The remaining Reserved Shares were allocated sequentially in tranches of 10,000 until the Reserved Pool was exhausted.  
 
All members of the general public who applied for less than 8,500,000 units were given full allocation. 
 
The remaining shares in the public pool were allocated sequentially in tranches of 10,000. 
 
Both the public sector and the general public pools were oversubscribed.
 
Refunds to all applicants whose applications were not met in full will be made by Thursday.  
 
It is anticipated that the company's shares will be listed and begin trading on the Main Market of the Jamaica Stock Exchange next week Wednesday.
 


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