Ceylon Tea Brokers IPO – Basis of Allocation.
Thursday, February 25th, 2010 at
11:32 am
Applicants eligible for preferential allotment will be allotted 4,577,100 shares.
Applicants eligible for non preferential allotment will be allotted 9,422,900 shares.
Preferential Allocation
Applications up to 30,000 shares – Allotted in full.
30,001 to 1,000,000 shares – 30,000 shares + 25% shares applied for over & above 30,000 shares.
Over 1,000,000 shares – 30,000 shares + 25% of shares applied for between 30,000 – 1,000,000 which
is equivalent to 242,500 shares + 16.29% shares applied for over & above
1,000,000 shares.
Non Preferential Allocation
Applications for 5,000 shares – 1000 shares.
Applications for above 5,000 shares – 1000 shares + 5.08% shares applied for over & above5,000 shares.
All allocations will be rounded to nearest 100 shares.
Source – Colombo Stock Exchange official website (cse.lk)
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Filed under: IPO
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