Sterling Investments Limited (SIL) Record Date for Rights Issue

Posted: December 11, 2018 at 6:26 pm

“Pursuant to a notice published on October 8, 2019, Sterling Investments Limited hereby advises the public that the Company intends that the record date for its renounceable rights issue be December 27TH, 2018.  The Company is seeking to raise at least J$600 million by offering its shareholders, as recorded on the share registry records of the Company on the Record Date, the right to participate in a rights issue of Two (2) Ordinary Shares for every block of Three (3) shares already held at a subscription price of J$3.08 per share. The Rights Issue will be in respect of an additional 200,000,000 ordinary shares in the capital of the Company.”

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