JMMB Group Limited (JMMBGL) – Preference Share Offer Results

JMMB Group Limited (JMMBGL) Preference Share Offer, which closed on, January 4, 2016, resulted in the following:

• Both the Cumulative Redeemable 6.00% USD Preference Shares and the Cumulative Redeemable 7.50% Variable Rate JMD Preference Shares, being oversubscribed by 33, 783,500 and 327,548,000 respectively.
• 2,000,000 Cumulative Redeemable 5.75% USD Preference Shares was offered, however, only 213,500 shares was applied for.
• 70,000,000 Cumulative Redeemable 7.25% Variable Rate JMD Preference Shares was offered, however, only 9,434,000 was applied for.

JMMBGL has advised that all shares applied for will be allocated to applicants out of Preference Shares currently held by JMMB Group Limited.