Trade Finance & Investment Limited Share Allotment Basis

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Trade Finance & Investments Limited
Trade Finance & Investments Limited

The Trade Finance & Investment Limited announced to Colombo Stock Exchange, that the Board of directors resolves to allot the basis of,

No of Shares AppliedNo of shares allotted
Upto 25,000 Ordinary Voting Shares100%
More than 25,000 Ordinary Voting Shares25,000 shares and 25% of the remaining shares applied for.

 

The remaining 9,800 shares are allotted to the largest Applicant of shares of

Capital Alliance Holding Limited4,900 Shares
Associated Electrical Corporation Limited4,900 Shares

 

CategoryNo of Shares SubscribedNo of Shares Allotted 
Retail Individual Investor1,253,0001,253,00020.88%
Unit Trust InvestorNilNil 
No Retail Investor16,477,0004,747,00079.12%
 17,730,0006,000,000 
No of times Oversubscribed2.955  

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