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Arawak Port clarification regarding shares

Arawak Port Development Ltd (the "Company") wishes to advise its shareholders and the public that all shareholders in the Company, including its founding shareholders and the government of The Bahamas, have the same right to dividends on each share in the Company that they own and will receive the same returns per share held in the Company. Read the full statement here. 

Source:
Date:
Updated:
thebahamasweekly.com
Friday, May 4, 2012
Friday, May 4, 2012

APD Limited (the “Company”) wishes to advise its shareholders and the public that all shareholders in the Company, including its founding shareholders and the Government of The Bahamas, have the same right to dividends on each share in the Company that they own and will receive the same returns per share held in the Company. The shares that were recently issued by the company by way of the Initial Public Offering which was approved by the Securities Commission of the Bahamas and were sold at a price of $10.00 per share, which is the same price paid by the Government of The Bahamas and the founding shareholders for their shares. All shares held by the Government of The Bahamas, the founding shareholders and the 11,065 new Bahamian shareholders will earn the same return per share on every dollar invested.

This is an excerpt from thebahamasweekly.com as it appeared on May 4, 2012. For updates or to read the current version of this post in its entirety, please click here.

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