NCB Financial Group Limited (NCBFG) has extended its Additional Public Offering (APO) by one week.

The new deadline for the closure of the APO is Monday, June 3, 2024. The APO opened on May 6 and is set to close on Monday, May 27.

NCB says the extension is in response to requests by potential investors for additional time and is intended to ensure the broadest possible participation of investors.

Interested investors may contact any of the eight selling agents, Barita Investments Limited, Cumax Wealth Management Limited, JMMB Securities Limited, JN Fund Managers Limited, Mayberry Investments Limited, Sagicor Investments Jamaica Limited, Scotia Investments Jamaica Limited, or VM Wealth Management Limited, to make their purchase.

The financial conglomerate is offering 78.5 million ordinary shares with an option to upsize the offer to 117.75 million ordinary shares.

The general offer price is $65 per share, with 785,000 shares reserved at $58.50 for employees of NCBFG’s direct and indirect subsidiaries residing in Jamaica.