
Proven makes early closure of APO
Reading Time: 2 minutesProven Investments Limited has made an early closure of its Additional Public Offer (APO), based on the overwhelming public demand for the shares on offer. The APO, which was opened on January 8 and scheduled to close this Friday, January 29, actually closed three days earlier. The APO was officially closed at 4:00 pm Tuesday (January 26). In a notice published on the website of the Jamaica Stock Exchange (JSE), Proven reported that, “in accordance with the terms and conditions of the APO, as set out in the prospectus, the company decided to exercise its right to close its APO…