Moderator: 3ne2nr Mods
4. The methodology for allocating shares from over-subscription would be in the context of the following guidelines and in descending order of priority:
a. each employee or retiree of NGC and its subsidiaries or affiliates would be given the right to buy a specified allocation up to the amount of 5,000 shares and the shares so purchased will be subject to a discount of ten per cent at offer price;
b. each employee or retiree of NGC and its subsidiaries or affiliates can purchase at the offer price any amount of shares in excess of 5,000 and those market-based purchases would compete with all purchases by the citizens of Trinidad and Tobago;
c. 60 per cent of the total offer of 75,852 or 45,511,200 would represent a combined allocation for employees and retirees of NGC and its subsidiaries or affiliates and individuals who are nationals of Trinidad and Tobago; in other words, upon satisfaction of the applications by employees and retirees for discounted shares, additional requests by employees and retirees for market-based share purchases would compete with all applications from members of T&T’s public within the 60 per cent allocation bucket. Each individual other than an employee or retiree will be guaranteed up to 1,000 shares in their allocation;
d. 40 per cent of the total offer of 75,852,000 Class B shares or 30,340,000 Class B shares would be allocated in descending order of priority from:
• Mutual funds, including Unit Trust Corporation – ten per cent
• National Insurance Board (NIB)- ten per cent
• Pension Plans, Credit Unions and Cooperatives, Trust Funds, National Enterprises Limited – 15 per cent
• Other Companies- five per cent
want2liqur wrote:Lets say im tryna purchase some shares how do i go about doing this?
snatman wrote:Any info on the projected EPS?
or forward p/e ratio?
ray d saint wrote:want2liqur wrote:Lets say im tryna purchase some shares how do i go about doing this?
you would need to open a brokerage account with either one of the 7 brokerage houses in Trinidad.
ray d saint wrote:want2liqur wrote:Lets say im tryna purchase some shares how do i go about doing this?
you would need to open a brokerage account with either one of the 7 brokerage houses in Trinidad.
ray d saint wrote:FCBAS is the 'lead broker' in this IPO.
PapaC wrote:Which company went from c- to d? PPGPL?
Redman wrote:I might advise you to get the spelling corrected.
That might be good advice.
Sarah1 wrote:Being an accounting student I'm always interested in purchasing shares. Sadly I currently have no excess funds to invest but soon when I'm qualified I'll finally get to experience the thrill of buying shares and monitoring the TTSE to see when is the right time to sell in order to make a profit etc.
I advice anyone who has excess funds to buy some shares.
want2liqur wrote:PapaC wrote:Which company went from c- to d? PPGPL?
Yup
want2liqur wrote:Redman wrote:I might advise you to get the spelling corrected.
That might be good advice.
Ogoarrr 1 word you will kill her for?
sleepertercel wrote:want2liqur wrote:PapaC wrote:Which company went from c- to d? PPGPL?
Yup
ammm...you an employee? or just bumping your gum?
want2liqur wrote:sleepertercel wrote:want2liqur wrote:PapaC wrote:Which company went from c- to d? PPGPL?
Yup
ammm...you an employee? or just bumping your gum?
Did you read what i posted earlier?
Return to “Ole talk and more Ole talk”
Users browsing this forum: Duane 3NE 2NR, mitsutt and 102 guests