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Further to the announcement on 17th October 2018, CEIBA Investments Limited is pleased to announce that trading in its shares commenced at 8.00am today on the Specialist Fund Segment of the Main Market of the London Stock Exchange. 

The company has successfully raised £30 million through the Initial Issue of 30,000,000 new shares at a price of 100 pence per share, capitalising CEIBA at approximately £137 million.

John Herring, Chairman of CEIBA Investments Limited, has said:

“I am delighted that we have been able to attract £30 million of investment, which will allow CEIBA to commence implementation of its investment programmes in Cuba. We also look forward to having Aberdeen Standard Investments as our investment manager and appreciate the significant contribution that ASI has made to realising CEIBA’s successful launch on the Specialist Fund Segment of the London Stock Exchange’s Main Market. We aim to continue our record of successful investment in Cuba as the economy continues to grow and develop.”

Singer Capital Markets is acting as sole Financial Adviser and Bookrunner.

Aberdeen Asset Investments Limited (part of Aberdeen Standard Investments) is the investment manager of the Company.

Ticker: CBA

For more information on this news, please contact enquiries@n1singer.com or call (0)207 496 3000

 

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