GK Capital Management Limited has revealed the basis of allotment of shares for Spur Tree Spices Jamaica following the oversubscription of the Initial Public Offering.
Applicants from the general public will receive up to the first 10,000 shares they requested.
There will also be a pro-rata allocation of approximately 11.76% of the excess shares for which they applied above the base allotment.
All applicants in the Key Partner Reserve Pool, GK Investments Reserve Pool, Spur Tree Staff Reserve Pool will receive 100% of their application.
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