Special Advisory: Sterling Investments Limited (SIL)

December 12, 2018

Sterling Investments Limited (SIL) has advised that the intended record date for its renounceable rights issue is December 27th, 2018.  SIL is seeking to raise at least J$600 million by offering its shareholders, as recorded on the share registry records of the Company on the Record Date, the right to participate in a rights issue of two (2) Ordinary Shares for every block of three (3) shares already held at a subscription price of J$3.08 per share. The Rights Issue will be in respect of an additional 200,000,000 ordinary shares in the capital of the Company.