Special Advisory: Proven Investments Limited (PROVEN)

Date: February 3, 2020

PROVEN has advised that the Company and Sagicor Investments Jamaica Limited (“Sagicor Investments”) have entered into an underwriting agreement in respect of the proposed Additional Public Offering (“APO”) of ordinary shares recently announced by PROVEN. PROVEN has further advised that Sagicor Investments’ commitment under the Underwiring Agreement, which is subject to the APO receiving all regulatory approvals, is for up to US$50M.

PROVEN has also advised that with the approval of the Registrar of Companies, Proven Fund Managers Limited, a subsidiary of PROVEN, changed its name to International Financial Planning Jamaica Limited and was issued with a Certificate of Incorporation on Change of Name dated January 10, 2020.


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