Barita Investments Limited (BIL) – Additional Public Offer

• Barita announced this week that it received board approval to issue up to 200,000,000 ordinary shares, as part of the authorized capital of the Company to the general public by way of an Additional Public Offer, with the option to upsize by inviting offers for up to an additional 100,000,000 New Ordinary Shares.
• Other conditions include: APO Price(s) of between J$48.00 to J$53.00 per New Ordinary Share;
• New Ordinary Shares will be reserved for the benefit of certain specified investors in the amount and at prices as determined in the discretion of the Company;
• APO to open on August 26^th, 2020, and closes on September 16^th, 2020 for subscription by investors.

(Source: JSE)