Proven Investments Limited (PROVEN) has advised that the Invitation for Subscription subject to its prospectus dated December 8, 2016 in respect of Tranche A of 200,000,000 8.25% Cumulative Redeemable JMD Preference shares, at the price of J$5.00 per share closed on December 21, 2016. The Company has further advised that a total of 723 applications were received for 215,075,012 shares and that all applicants will receive 100% of the amount of shares applied for.