TTNGL APO Oversubscribed
July 05, 2017
Chairman Gerry C. Brooks and the Board of Trinidad and Tobago NGL Limited (TTNGL), conveyed thanks to TTNGL’s existing shareholders and re-investors who, by their overwhelming subscriptions, reaffirmed their confidence in TTNGL. The Chairman also welcomed on board new investors who expressed confidence in the strength of TTNGL and its Additional Public Offering (APO) of The National Gas Company of Trinidad and Tobago Limited’s (NGC’s) 40,248,000 Class B Shares. According to Chairman Gerry C. Brooks, “the offer received a very robust response from existing and new investors. Initial indicators suggest that the APO was oversubscribed,” he noted.