WINDOW EXTENDED FOR WIOC SHARE OFFER

Members of the public will have more time to purchase shares in West Indies Oil Company. 

The new closing date is the 21st of May, 2021. 

There has also been an adjustment in the prospectus which allows for an increase in the maximum number of shares available per applicant from 15,096 to 50,000 shares. 

The additional month and increase in equities available to each applicant have been effected to facilitate prospective institutional investors. 

The government, which had a 51 per cent equity stake in the energy company, is now making 10 percentage points of those holdings available to allow members of the company to hold shares.