This page includes Regulatory news filings supplied by issuers listed on the BSX. Please note the BSX is not responsible for the content, accuracy or completeness of announcements filed by issuers and disclaims all liability for any loss arising from reliance on information contained within issuer announcements.
BSX Approves Listing Of Additional Ordinary Shares Of Jupiter Adria Limited
Hamilton, Bermuda: 17 July 2007 - The Bermuda Stock Exchange (BSX) announced the approval of the listing 20,555,556 additional Ordinary Shares of Jupiter Adria Limited (JAL.BH), (the "Company") as of 13 July 2007. The shares on offer were all issued at a share price of Euro 1.80 per share.
.
The Company was incorporated in Bermuda on the 24th October 2005 and initially listed its Ordinary Shares on 21 August 2006.
First Bermuda Group Limited sponsored this further listing of Ordinary Shares of the Company, as it did the initial listing.
Mr. Michael Schroter of First Bermuda stated, "First Bermuda Group Limited is delighted to continue to act as Sponsor to Jupiter Adria Limited."
This listing is also made under the Restricted Marketing provisions of the Exchange and is for securities that are aimed at Qualified Investors, being individuals or institutions that invest either a minimum of $100,000 or otherwise meet one of the suitability tests defined by the Exchange.
Mr. Garth Lorimer Turner of Jupiter commented, "We are delighted with the full subscription to the third round of private placement having raised a further EURO 37 million to continue Jupiter Adria Limited's investment programme in the development and operation of high end leisure and tourism assets in Croatia."