Ancillary to the Barbados Shipping and Trading Offer is the option (the “Investment Election”), for shareholders resident in Barbados and Trinidad and Tobago to direct that up to 50% of the payment received for the Purchased Shares by any such shareholder be used for the purchase and acquisition of the ANSA McAL Reserve Shares (as defined in this document). The ANSA McAL Reserve Shares are to be purchased and acquired by an independent financial institution, and subject to the terms and conditions and other terms as agreed, are to be made available for purchase by any of the Shareholders resident in Barbados and Trinidad and Tobago who decide to exercise the Investment Election.
For the complete Investment Election Circular document click here