March 29, 2023
Eppley Limited (EPLY) has advised that Eppley Fund Managers Limited (EFM), a wholly owned subsidiary of EPLY, has advised that its tender offer to purchase shares of the Eppley Caribbean Property Fund Limited SCC – Development Fund has successfully closed. 24,335,503 of the Shares were deposited in response to EFM’s offer to purchase at a cash price of $0.21 Barbados currency per share. EFM has agreed to take up and purchase all deposited shares. If the tender and acceptance of all Development Fund shares is confirmed by the Barbados Stock Exchange as expected, EFM will own 45.04% of Shares.
Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer (s) or securities as at the date of this report. Each research analyst (s) also certify that no part of their compensation was, is, or will be, directly or indirectly, related to the specific recommendation(s) or view (s) expressed by that research analyst in this research report.
Company Disclosure -The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking any action in reliance on the contents of this information is strictly prohibited and may be unlawful. Mayberry may affect transactions or have positions in securities mentioned herein. In addition, employees of Mayberry may have positions and effect transactions in the securities mentioned herein.