Virtual Annual General Meetings

IronRock obtains Supreme Court permission to hold virtual AGM in 2021 

IronRock Insurance Company Limited on May 10th 2021 joined 24 other companies on the Jamaica Stock Exchange to seek approval to hold a virtual Annual General Meeting. On May 31st 2021, approval was granted, as per the below  Formal Order.

Formal Order for Virtual General Meetings

Initial Public Offering – JSE Junior Market

15 March 2016 – IronRock (ROC) is listed on the JSE Junior Market

1 March 2016 – Subscription Closed

IronRock Insurance Company Limited (the “Company”) has made an invitation for subscription (the “Invitation”) in respect of 105,000,000 ordinary shares (the “Share”) subject to a prospectus dated 23 February 2016 (the “Prospectus”).

The Invitation closed on the Opening Date, Tuesday 1 March at 9:01 a.m. due to oversubscription.

A total of 344 applications for Shares valued at approximately J$571.8 million were received. Applications were dealt with on a first cone first served basis. The basis of allotment of the Shares as follows:

    1. Company Received Share applicants – 100% allocation of Shares applied for
    2. Key Partners Received Share applicants – 100% allocation of Shares applied for
    3. Mayberry Reserved Share applicants – 100 of the first 25, 000 Shares applied for and approximately 27.55% allocation of the balance
    4. General public – 100% of the first 25,000 Shares applied for and approximately 7.3055% allocation of the balance

The Shares will be allotted in accordance with the terms and conditions set of in section 6 of the Prospectus issued by the Company.