Eppley Closes Preference Share Offer

Eppley Limited (EPLY) has advised that the Invitation for Subscription in respect of its cumulative redeemable preference shares maturing in 2021 at the price of J$6 per share made subject to a prospectus of Eppley Limited dated November 17, 2016 closed at 4p.m. on December 8, 2016. A total of 225 applications for shares valued at approximately $361.6 million were received. The basis of allotment of the shares is 100% of each application amount. EPLY has further advised that it will now make an application to the Jamaica Stock Exchange to list the 2021 Preference Shares in accordance with the terms and conditions of the prospectus.