Sygnus Credit Investments Limited – Basis of Allotment for the APO of Ordinary Shares

  • Sygnus Credit Investments Limited (SCI) has advised that the Additional Public Offer (APO) of ordinary shares in the Company was oversubscribed and SCI has exercised the option to upsize the Invitation to 240,887,900 New Ordinary Shares, reflecting a 54% upsize to the maximum allowed by the Prospectus dated, December 11, 2020.
  • All applicants in the “Existing Shareholders and team Members”, “Key Investors” and “General Pool” will receive the full allotment.
  • Refunds to applicants who have overpaid due to a rounding issue during the process will be credited to the accounts of applicants who are clients of NCB Capital Markets Limited by end of the day, January 11, 2021; and refunds to applicants who are not clients of NCB Capital Markets Limited will be sent to their respective brokers by latest, January 15, 2021.

(Source: JSE)