instructions - jamaica stock exchange · 2019-08-22 · instructions note ... sagicor investments...

INSTRUCTIONS NOTE : Save where an application is being made for Excess Shares (by an Allottee ONLY) t hese instructions are an integral part of this Letter of Provisional Allotment and must not be detached.

A. IF YOU ARE THE PERSON(S) NAMED ON THE FIRST PAGE OF THIS LETTER (THE “ALLOTTEE(S)”), YOU MAY ACCEPT ALL OR ANY OF THE ORDINARY SHARES OFFERED TO YOU AND/OR TRANSFER ALL OR A PART OF YOUR RIGHTS.

1. ACCEPTANCE: The latest time for Acceptance is 4:00 p.m. on September 13, 2019.

If you wish to have the whole of the Ordinary Shares comprised in this Letter of Provisional Allotment registered in your name(s), you should complete Part A of the Registration Application Form ( Form X ) and deliver to your Stockbroker, a Selling Agent or Sagicor Investments Jamaica Limited, all pages of this Letter of Provisional Allotment together with payment in the APPROVED MANNER for the amount shown in Box (3) on the first page of this Letter, not later than 4:00 p.m. on September 13, 2019. All Joint account holders to the JCSD account are required to sign the respective Registration Application Form(s).

2. RENUNCIATION IN WHOLE (The latest time for Renunciation in Whole is 4:00 p.m. on September 13, 2019 )

You may renounce all of your rights to one or more persons, and you may renounce all of your rights to designated persons. If you renounce to a designated person (or designated joint renouncees), you should deliver all pages of this Letter to your Stockbroker or to a Selling Agent or to Sagicor Investments Jamaica Limited, not later than 4:00 p.m. on September 13, 2019. The Stockbroker, Selling Agent or Sagicor Investments Jamaica Limited will follow the procedure in 4 below. All Joint account holders to the JCSD account are required to sign the respective Registration Application Form(s).

3. RENUNCIATION IN PART AND SPLITTING (The latest time for Renunciation in Part and Splitting is 4:00 p.m. on September

10, 2019. If you wish to have only a part of the Ordinary Shares comprised in this Letter of Provisional Allotment registered in your name(s) and to dispose of the remainder you should deliver all pages of this Letter of Provisional Allotment to your Stockbroker, or to a Selling Agent or to Sagicor Investments Jamaica Limited not later than 4:00 p.m. on September 10, 2019. The Stockbroker, Selling Agent or Sagicor Investments Jamaica Limited will follow the procedure in 4 below. All Joint account holders to the JCSD account are required to sign the respective Registration Application Form(s).

4. In the case of renunciation in whole or in part, as the case may be, the Stockbroker, Selling Agent or Sagicor Investments

Jamaica Limited will:

I. assist you and/or the renouncee(s) in completing the required form(s); II. assist you in completing the Split Endorsement Form (included in Part B of Form X). This form will show how many of

your Ordinary Shares provisionally allotted to you have been renounced and how many have been accepted; III. assist with the payment arrangements for the rights AND the Ordinary Shares comprised in this Letter of Provisional

Allotment and all further processing.

In the case of renunciation in whole or in part the Allottee and/or the renouncee(s) (as applicable) should attend the offices of the Allottee’s stockbroker, a Selling Agent or Sagicor Investments Jamaica Limited for purposes of the applications being completed/processed. Such Allottee/Renouncee should ensure that he/she presents identification (Driver’s Licence/Passport/National Identification Card) and your Taxpayer Registration Number for review by your Stockbroker, the respective Selling Agent or Sagicor Investments Jamaica Limited to facilitate the proper completion of application forms, as applicable. The Taxpayer Registration Number and identification (of the type indicated above) should be presented to your Stockbroker, Selling Agent or to Sagicor Investments Jamaica Limited for Allottees (in the case of joint accounts) who have signed Registration Application Forms but are unable to attend in person at the time of submission of the applications.

B. IF YOU ARE THE PERSON IN WHOSE NAME THE ORDINARY SHARES ARE TO BE REGISTERED AFTER RENUNCIATION

YOU MUST APPLY TO HAVE THE ORDINARY SHARES REGISTERED IN YOUR NAME.

5. APPLICATION FOR REGISTRATION (The latest time for receipt of Application Forms is 4:00 p.m. on September 13, 2019 ) If you are a renouncee and you wish to apply for all or any of the Ordinary Shares renounced in your favour, then you should make sure that you receive from the Allottee a completed Form X (Part B) with the Split Endorsement Form duly completed and signed by the Allottee(s). You should then complete the Application Form ( Part B of Form X ) and forward all pages of this Letter of Provisional Allotment to your Stockbroker, a Selling Agent or to Sagicor Investments Jamaica Limited, together with the required payment in the APPROVED MANNER, not later than 4:00 p.m. on September 13, 2019.

C. EXCESS SHARES

6. Ordinary Shares the subject of this Letter of Provisional Allotment not accepted by the Allottee(s) or renouncee(s) may be placed in a pool of shares (the “Excess Shares Pool”). If you, are an Allottee and you, are interested in applying for new Ordinary Shares in the Excess Shares Pool, you should complete the Excess Shares Application Form ( Form Y ) and deliver the same to your Stockbroker, a Selling Agent or Sagicor Investments Jamaica Limited together with payment in the APPROVED MANNER, not later than 4:00 p.m. on September 20, 2019. Each Excess Share application form (Form Y) may be completed by an Allottee(s) ONLY (and not by a renouncee).

D. GENERAL - CAUTION

7. Each Allottee/Renouncee should ensure that he/she present identification (Driver’s Licence/Passport/National Identification

Card) and your Taxpayer Registration Number for review by your Stockbroker, the respective Selling Agent or Sagicor Investments Jamaica Limited to facilitate the proper completion of application forms, as applicable.

8. Delivery of a completed Split Endorsement Form (within Part B of Form X) purporting to have been signed by the Allottee(s) (for

the benefit of the Renouncee(s)) will be conclusive evidence of renunciation. Delivery of a completed Form X (Part B) Application Form by a Renouncee together with payment in the APPROVED MANNER within the stipulated time will be conclusive evidence of the title of the Renouncee(s) to deal with the same. PROSPECTIVE RENOUNCEES SHOULD ONLY ENGAGE IN TRANSACTIONS WITH INDIVIDUALS WHO HAVE AN ORIGINAL LETTER OF PROVISIONAL ALLOTMENT.

9. All documents transmitted through the post are sent at the risk of the applicant. IT IS THEREFORE STRONGLY RECOMMENDED

THAT RELEVANT DOCUMENTS BE DELIVERED BY HAND OR BY COURIER.

10. All payments for any Ordinary Shares should be made in the APPROVED MANNER.

FORM X APPLICATION FORM BARITA INVESTMENTS LIMITED

PART A PLEASE READ CAREFULLY BEFORE COMPLETING THIS FORM TO: BARITA INVESTMENTS LIMITED (“ISSUER” or the “Company”) Re: Renounceable Rights Issue of Ordinary Shares being offered, made pursuant to the Circular Letter and Letter of Provisional Allotment dated August 19, 2019. I/We confirm that I/we have read and understood and hereby agree to be bound by the terms and conditions contained in the Circular Letter, Letter of Provisional Allotment and constitutive documents of the Company, all of which are incorporated into this Application Form by reference. I/We hereby apply for and/or renounce my/our right to Ordinary Shares in the Company as indicated below on and subject to the terms and conditions of the Invitation set out in the Circular Letter and Letter of Provisional Allotment at the price of J$45.00 each. Where I/we am applying for Ordinary Shares I/we make payment for the total price of my/our subscription applied for and the JCSD processing fee of J$163.10 in each case by the method stipulated in the Payment Instructions herein.

I/We accept my/our rights to ________________ Ordinary Shares in full

I/We renounce all my/our rights to _________________Ordinary Shares in full in accordance with the Split Endorsement Form

I/We accept part of my/our right to ________________ Ordinary Shares and renounce the balance in accordance with the Split Endorsement Form.

I/We agree to accept the above or a smaller subscription in respect of which this Application may be accepted, subject to the terms and conditions in the Circular Letter, Letter of Provisional Allotment and the constitutive documents of the Issuer, by which I/we agree to be bound. I/We request you to issue to me/us the number of Ordinary Shares that may be allocated to me/us at the close of the said Rights Issue upon the terms and conditions governing applications, as set forth in the Circular Letter and Letter of Provisional Allotment. I/We hereby agree to accept the Ordinary Shares that may be allocated and issued to me/us and to be credited to an account in my/our name(s) in the Jamaica Central Securities Depository (JCSD). INSTRUCTIONS TO COMPLETING APPLICATION FORM: ALL FIELDS ARE RELEVANT AND MUST BE COMPLETED. PLEASE INDICATE YOUR BROKER CODE HERE

BROKER CODE

PRIMARY HOLDER (EITHER COMPANY OR INDIVIDUAL)

TITLE TAXPAYER REGISTRATION NUMBER CITIZENSHIP EMAIL ADDRESS

OCCUPATION

TELEPHONE NUMBER (HOME) TELEPHONE NUMBER (WORK/MOBILE) TELEPHONE NUMBER (MOBILE)

Signature: Date Signature Affixed

Individual

Companies (company seal or stamp required)

Director Director/Secretary Date Signature Affixed JOINT HOLDER DETAILS

REFUND OPTION (PLEASE TICK PREFERRED OPTION):

CHEQUE

REAL TIME GROSS SETTLEMENT RTGS

REFUND PAYMENT INSTRUCTIONS: Please direct refund payment to the following bank account

FULL BANK NAME

ADDRESS

BIC/SWIFT

BENEFICIARY NAME

BENEFICIARY ACCOUNT

DIVIDEND MANDATE PAYMENT INSTRUCTIONS:

DIVIDEND PAYMENT INSTRUCTIONS: Please, direct benefit for all dividend related payments to the following bank account:

FULL BANK NAME

BRANCH

ACCOUNT TYPE (SAVINGS/CHEQUING)

ACCOUNT NUMBER

NAME(S) REFLECTED ON BANK ACCOUNT

SPECIAL INSTRUCTIONS (E.G. FOR FURTHER CREDIT)

PART B PLEASE READ CAREFULLY BEFORE COMPLETING THIS FORM PLEASE SEE INSTRUCTIONS IN RELATION TO RENUNCIATION AND SPLITTING, IN PART B OF THIS FORM X, IF APPLICABLE. TO: BARITA INVESTMENTS LIMITED (“ISSUER” or the “Company”) Re: Renounceable Rights Issue of Ordinary Shares being offered, made pursuant to the Circular Letter and Letter of Provisional Allotment dated August 19, 2019. I/We hereby apply for Ordinary Shares in the Company on and subject to the terms and conditions of the Invitation set out in the Circular Letter and Letter of Provisional Allotment at the price of J$45.00 each. I/We make payment for the total price of my/our subscription and the JCSD processing fee of J$163.10 in each case by the method stipulated in the Payment Instructions herein. I/We agree to accept the above or a smaller subscription in respect of which this Application may be accepted, subject to the terms and conditions in the Circular Letter, Letter of Provisional Allotment and the constitutive documents of the Issuer, by which I/we agree to be bound. I/We request you to issue to me/us the number of Ordinary Shares that may be allocated to me/us at the close of the said Rights Issue upon the terms and conditions governing applications, as set forth in the Circular Letter and Letter of Provisional Allotment I/We hereby agree to accept the Ordinary Shares that may be allocated and issued to me/us and to be credited to an account in my/our name(s) in the Jamaica Central Securities Depository (JCSD). INSTRUCTIONS TO COMPLETING APPLICATION FORM: ALL FIELDS ARE RELEVANT AND MUST BE COMPLETED. PLEASE INDICATE YOUR JCSD ACCOUNT NUMBER AND BROKER CODE HERE

JCSD ACCOUNT NUMBER BROKER CODE

Signature: Date Signature Affixed Individual Companies (company seal or stamp required) Director Director/Secretary Date Signature Affixed JOINT HOLDER DETAILS

INSTRUCTIONS IN RELATION TO RENUNCIATION AND/OR SPLITTING In the case of renunciation and/or splitting, your Stockbroker, the Selling Agent or Sagicor Investments Jamaica Limited will:

I. assist you in completing the Split Endorsement Form (in this Part B of Form X). The Split Endorsement Form will show how many of your Ordinary Shares provisionally allotted to you have been accepted (as indicated above in this Part B of Form X);

II. assist you in completing the Registration Application Form (this Part B of Form X); and III. assist with the payment arrangements for the Ordinary Shares comprised in this Letter of Provisional Allotment and all further processing.

SPLIT ENDORSEMENT FORM

Date of Split

Number of Ordinary Shares Accepted

Balance of Ordinary Shares in Allotment

Shares accepted by the Renouncee under this Form X

Signature of Allottee(s)

Signature of Selling Agent/Stockbroker


CHEQUE



FULL BANK NAME

ADDRESS

BIC/SWIFT

BENEFICIARY NAME

BENEFICIARY ACCOUNT

DIVIDEND MANDATE PAYMENT INSTRUCTIONS:

DIVIDEND PAYMENT INSTRUCTIONS: Please, direct benefit for all dividend related payments to the following bank account:

FULL BANK NAME

BRANCH

ACCOUNT TYPE (SAVINGS/CHEQUING)

ACCOUNT NUMBER

NAME(S) REFLECTED ON BANK ACCOUNT

SPECIAL INSTRUCTIONS (E.G. FOR

FURTHER CREDIT)

NOTES ON HOW TO COMPLETE THE APPLICATION FORM

1. All Registration Application Forms (including applications submitted by each renouncee to whom an Allottee(s) renounces his/their rights) must be accompanied by the JCSD processing fee of J$163.10 in each case.

2. All Joint account holders to the JCSD account are required to sign the respective Registration Application Form(s).

3. All applicants must effect their payment for the specified amount of Ordinary Shares they have applied for, in accordance with the Payment Instructions herein.

4. If you are applying jointly with another person, you must complete the Joint Holder Information and each joint holder must sign the Application Form in the place indicated.

5. All Applicants must be at least 18 years old and must attach a certified copy of their T.R.N. card or Jamaican Driver’s Licence displaying the T.R.N.

6. Share Certificates for Ordinary Shares allotted will not be issued. Instead, the Ordinary Shares allotted to a successful applicant will be credited to his/her/its account at the Jamaica Central Securities Depository (“JCSD”). If the applicant does not have a JCSD account, one will be created by the respective Stockbroker and the allotted Ordinary Shares deposited to that account.

7. All Applicants are deemed to have accepted the terms and conditions set out in the Circular Letter and the constitutive documents of the Company generally.

THIS SECTION FOR USE BY STOCKBROKER ONLY

DATE APPLICATION RECEIVED:________________________________ TIME RECEIVED:____________________________________________

PAYMENT METHOD: CHEQUE / AUTHORIZATION LETTER/RTGS CHEQUE NUMBER OR LETTER DATE:____________________________

PAYMENT VALUE:___________________________________________

STOCKBROKER STAMP AND SIGNATURE:

FORM Y APPLICATION FORM

BARITA INVESTMENTS LIMITED EXCESS SHARES APPLICATION FORM

(This form must be signed by the stockholder(s) or the person(s) (being an Allottee(s)) applying for Ordinary Shares in the Excess Shares Pool and must be delivered to your Stockbroker, a Selling Agent or Sagicor Investments Jamaica Limited, not later than 4:00 p.m. on September 20, 2019. TO: The Directors of BARITA INVESTMENTS LIMITED I/We hereby apply for Ordinary Shares in the Company on and subject to the terms and conditions of the

Invitation set out in the Circular Letter and Letter of Provisional Allotment at the price of J$45.00 each. I/We make payment for the total price of my/our

subscription and the JCSD processing fee of J$163.10 in each case by the method stipulated in the Payment Instructions herein.

In the event that my/our application for Ordinary Shares is not successful, we authorize you to refund to me/us the Price paid by remitting the amount of

the refund to me/us by RTGS based on the instructions given below OR by a cheque in the amount of the refund to me/us, the same to be sent to me/us

by registered mail to the address shown beneath the signature first appearing below. I/we acknowledge that the refund cheque will be mailed to me/us

not earlier than seven (7) days after receipt of the application.

INSTRUCTIONS TO COMPLETING APPLICATION FORM: ALL FIELDS ARE RELEVANT AND MUST BE COMPLETED. PLEASE INDICATE YOUR JCSD ACCOUNT NUMBER AND BROKER CODE HERE JCSD ACCOUNT NUMBER BROKER CODE

Signature Date Signature Affixed Individual Companies (company seal or stamp required) Director Director/Secretary Date Signature Affixed JOINT HOLDER DETAILS


CHEQUE



FULL BANK NAME

ADDRESS

BIC/SWIFT

BENEFICIARY NAME

BENEFICIARY ACCOUNT

NOTE: Applicant(s) should state full name(s) and full postal address(es) (including parish or, if applicable, postal district number). Please

complete in typewriting or in block capitals.

BARITA INVESTMENTS LIMITED Renounceable Rights Issue of Ordinary Shares with no par value

Payable in full on acceptance not later than 4:00 p.m. on September 13, 2019.

PAYMENT INSTRUCTIONS “APPROVED MANNER”

The approved payment method(s) for Ordinary Shares are:

● Manager’s Cheques ● RTGS ● Any other method approved by your Stockbroker, the respective Selling Agent or Sagicor Investments Jamaica Limited

In each case the payment (in the approved manner above) must be made directly to your Stockbroker, the respective Selling Agent or Sagicor Investments Jamaica Limited (as applicable) being the Stockbroker and/or Selling Agent to which you have submitted your application. Please contact the relevant Selling Agent for payment details (as applicable).

GENERAL Completed Application Form(s) should be returned to:

(1) SAGICOR INVESTMENTS JAMAICA LIMITED, 85 Hope Road, Kingston 6 OR TO ONE OF THE BRANCHES OF SAGICOR INVESTMENTS

JAMAICA LIMITED LISTED IN APPENDIX 1; OR (2) SELECT BRANCHES OF BARITA INVESTMENTS LIMITED LISTED IN APPENDIX 1; OR (3) SELECT BRANCHES OF THE BANK OF NOVA SCOTIA JAMAICA LIMITED AND/OR SCOTIA INVESTMENTS JAMAICA LIMITED LISTED IN

APPENDIX 1; OR (4) SELECT BRANCHES OF JMMB BANK LIMITED AND/OR JAMAICA MONEY MARKET BROKERS LIMITED LISTED IN APPENDIX 1.

APPENDIX 1

LOCATIONS FOR SAGICOR INVESTMENTS JAMAICA LIMITED

BRANCH LOCATION

Sagicor Investments - Hope Road (Head Office) 85 Hope Road

Kingston 6

Sagicor Investments - Dominica Drive 17 Dominica Drive

Kingston 5

Sagicor Investments - Montego Bay Shop B8, 21B Fairview Shopping Centre, Bogue Estates, Montego Bay, St.

James

Sagicor Investments - Duke and Tower Street 17a Duke Street

Kingston

Sagicor Investments - Half-Way Tree 6C Constant Spring Rd

Kingston

Sagicor Investments - Liguanea 106 Hope Road

Kingston

Sagicor Investments - Tropical Plaza Shop #25, 12 1/2 & 14 Constant Spring Rd

Kingston

Sagicor Investments- Ocho Rios Unit 5&6 Eight Rivers Town Centre, Buckfield Ocho Rios, St. Ann

Sagicor Investments - Savanna-La-Mar Great George St.

Savanna-La-Mar, Westmoreland

Sagicor Investments - Mandeville 5-7 Ward Ave

Mandeville, Manchester

Sagicor Investments - May Pen 6B Manchester Ave

May Pen, Clarendon

Sagicor Investments - Black River Corner High and School Streets

Black River, St. Elizabeth

Sagicor Investments - Portmore Portmore Pines Plaza

Shop# 34, Portmore St. Catherine

LOCATIONS FOR SELECT BRANCHES OF BARITA INVESTMENTS LIMITED

(AS “SELLING AGENTS”)

HEAD OFFICE/BRANCH

BARITA INVESTMENTS LIMITED 15 St. Lucia Way

Kingston 5

BARITA INVESTMENTS LIMITED Shop 2A Manchester Shopping Centre

17 Caledonia Road

Mandeville

Manchester

BARITA INVESTMENTS LIMITED Suite S304, Baywest Shopping Centre

Harbour Street

Montego Bay

St. James

LOCATIONS FOR SELECT BRANCHES OF THE BANK OF NOVA SCOTIA JAMAICA LIMITED AND SCOTIA INVESTMENTS JAMAICA LIMITED (AS “SELLING AGENTS”)

BANK BRANCH

The Bank of Nova Scotia Jamaica Limited

Spanish Town 6 March Pen Road Shops 26 & 26, Oasis Shopping Centre St. Catherine

Scotia Investments Jamaica Limited

Head Office 7 Holborn Road, Kingston 10


Ocho Rios Main Street, Ocho Rios, St. Ann


Half-Way-Tree 82 - 84 Half Way Tree Road, Kingston 10


Mandeville 1a Caledonia Road, Mandeville, Manchester

Scotiabank Group Financial Centre

Constant Spring 132-132A Constant Spring Rd. Kingston 8


Savanna-La-Mar 72 Great George Street Savanna-La-Mar


Liguanea 125-127 Old Hope Road P.O. Box 45, Kingston 6


Negril Negril Square


New Kingston 2 Knutsford Boulevard Kingston 5


Montego Bay Fairview Financial Centre 1 Port Avenue, Bogue, Montego Bay, St. James

LOCATIONS FOR SELECT BRANCHES OF JMMB BANK LIMITED AND JAMAICA MONEY MARKET

BROKERS LIMITED (AS “SELLING AGENTS”)

BANK BRANCH JMMB Investments - Jamaica Money Market Brokers Ltd.

6 Haughton Terrace, Kingston 10

JMMB Investments - Jamaica Money Market Brokers Ltd.

Haughton Avenue 5 Haughton Avenue, Kingston 10


Knutsford Boulevard 11 Knutsford Boulevard, Kingston 5


Junction Agency Shop 2, Roye’s Plaza Main Street, Junction, St. Elizabeth


Mandeville Branch 23 Ward Avenue Mandeville, Manchester

JMMB Investments - Jamaica Money Market Brokers Ltd. Montego Bay Suite 1, Fairview Office Park Alice Eldemire Drive, Montego Bay, St. James


May Pen Shop 28B, Bargain Village Plaza 35 Main Street, Clarendon


Ocho Rios Guardian Life Building 2 Graham Street, Ocho Rios, St. Ann


Portmore 47 – 48 West Trade Way, Portmore Town Centre, Portmore, St. Catherine


Santa Cruz Shop No. 2 Oasis Plaza, Coke Drive, Santa Cruz, St. Elizabeth

JMMB Bank (Jamaica) Ltd.

Head Office 6 – 8 Grenada Way, Kingston 5

JMMB Bank (Jamaica) Ltd

Knutsford Boulevard 11 Knutsford Boulevard, New Kingston , Kingston 5


Montego Bay 25 Church Street, Montego Bay, St. James


Ocho Rios 2 Graham Street, Ocho Rios, St. Ann

instructions - jamaica stock exchange · 2019-08-22 · instructions note ... sagicor investments...

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