Fontana listing on Tuesday

Fresh from a successful initial public offering of 250 million shares, Fontana is not expected to start trading until early January on the Junior Market of the Jamaica Stock Exchange.
Scotia Investments, the brokers for the offer stated that the offer of Two Hundred and Forty Nine Million Eight Hundred and Seventy Four Thousand Nine Hundred and Sixty Five (249,874,965) ordinary shares opened and closed on Thursday, December 13 and attracted a total of 3,406 applications for a total of 982,194,569 shares.
Applications for the Public Pool received the first 25,000 units applied for, with amounts in excess of 25,000 units allocated approximately 8.82 percent.
The brokers indicated that multiple applications from a single person or entity were removed, except where they were entitled to apply for shares in a reserved and the public pool. Once that process was completed, 2,770 applications remained for 944,150,335 shares.
SIJL advised that the methodology and allotment of the shares as follows: Employee Gift, Company Reserved and Key Customers & Doctors pools applicants were fully allocated.  Strategic Partners were received a minimum of 50% of the amounts applied for.
Fontana shares, will only be allowed to trade up to a maximum of $2.44 on the first day of trading or a maximum of 30 percent above the $1.88 the public bought the shares at. Thereafter, the maximum price will be dependent on the highest closing bid at the end of the previous day.
The Company recorded revenues of $3.4 billion in the financial year 2018, representing an increase of $272 million or 8.66 percent over the prior year and an increase of approximately 91 percent from $1.76 billion in 2014. Pretax profit for 2018 declined 6 percent from $322 million in 2017 to $303 million after rising from $237 million in 2016 that was up more than 100 percent over the 2015 profit of $115 million. The slowdown in 2018 is attributed to the state of emergency in Montego Bay and road construction in the Barbican area.
Fontana, is projected to earn around 35 cents for the current fiscal year and that should place the price at just over $5 during the course of the year.

About IC Insider.com
Обновили на порносайте pornobolt.tv порно страничку о том как парень выебал пизду мачехи, которая устала от своего муженька Комиксы, Манга читать онлайн на Русском языке

Brand new Partner with our doctors to make you happy is Omtogel RTP

Play Pin-up aviator Slots and e-Diet in Polska.