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Applications for Wigton IPO being processed

Mayberry Investments and the Jamaica Central Securities Depository say they are in the process of completing the reconciliation of all applications with respect to the Wigton Windfarm Initial Public Offering (IPO).
 
Mayberrry says Reserved Share Applicants will be allowed Shares on a bottom-up basis in tranches of 10,000 shares until all the Reserved Shares have been exhausted or all the applications are met in full. 
 
If a pool is undersubscribed, the excess shares will be used to increase the shares available in the public pool.
 
Last week, RJR News reported that 15,000 applications had been received for the Wigton IPO.
 


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