Get Ready to Grab Your FREE PIK Shares and Subscription Warrants! Exciting News for SRF Shareholders 🚀

Sygnus Real Estate Finance Limited has recently made a significant announcement regarding its recent allocation of shares to Sygnus Capital Group Limited. In a strategic move, the Company has issued over 20 million J$ ordinary shares to SCG as a form of payment for outstanding performance fees owed to Sygnus Capital Limited, the Investment Manager for SRF. The PIK shares have been officially listed on the Main Market of the Jamaica Stock Exchange as of March 19, 2025.

To ensure minimal dilution to existing shareholders, SRF has also issued over 20 million subscription warrants to shareholders as of the Issue Date. These warrants come with specific details and conditions that shareholders need to be aware of:

1. Warrant Entitlement: Shareholders will receive one warrant for every fifteen J$ ordinary shares or US$ ordinary shares held.
2. Issue Date for Warrants: The warrants were issued as of March 19, 2025.
3. Warrant Exercise Price: J$18.25 per J$ share or US$0.12 per US$ share.
4. Exercise Period: Shareholders have a two-year window from the issue date to exercise their warrants.
5. Trading and Conversion: Warrants will automatically convert into ordinary shares upon exercise and will be listed on the JSE.
6. Main Broker: JMMB Securities Limited.

For shareholders looking to exercise their warrants, the relevant forms and information can be found on the Sygnus Group website and the Jamaica Stock Exchange website. Any inquiries can be directed to the Jamaica Stock Exchange or by reaching out to SRF via email.

This transaction marks a significant development for Sygnus Real Estate Finance Limited and its shareholders. The issuance of shares to SCG and warrants to existing shareholders underscores the Company’s commitment to balancing shareholder interests while meeting its financial obligations. It also presents an opportunity for shareholders to potentially increase their stake in the Company through the exercise of warrants. Stay informed and take advantage of this unique opportunity in the market.