The Bank of Montserrat Ltd. on April 8, 2013 announced the launch of an Additional Public Offer (APO) of shares.
The Bank said that an “additional public offer of 4,234,520 ordinary shares will be made available to existing shareholders and members of the public.”
It said in a release that existing shareholders can double their shareholdings in the Bank at a price of EC$5.00; and EC$6.00 per share for those shares which will become available from the non-subscription of shareholders.
Members of the public (or non-shareholders) who wish to purchase shares as available must do so at a price of EC$7.50 per share.
The minimum block of share is one hundred (100).
The Offer opened on April 9, 2013 and will close at 2:00 p.m. on May 7, 2013, unless extended by BML.
Application Forms are available to those persons wishing to exercise their privileges may be obtained from:
BML Headquarters, Brades, Montserrat, West Indies; The Bank’s website: www.bankofmontserrat.ms; and First Citizens Investment Services Ltd – Authorized Broker/Agent.