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Barita APO
Now Open

We are Wealth Builders

changing the game for over 40 years.

And that’s not by accident. It takes deliberate, disciplined work to maintain a level of success that includes a 40 plus year run without ever reporting a loss. It’s what we do.



We know how money works

This kind of performance* in the midst of a pandemic only proves it

  • We entered this financial year with J$10.3 billion in fresh equity capital

    from our two successful rights issues and single issuance of preference shares in 2019

  • We saw our highest net profit growth ever as at June 30, 2020 of $2.3 billion

    a 785% increase since acquisition by Cornerstone in June 2018.

  • We delivered unparalleled returns to Shareholders of over 500%

    post acquisition by Cornerstone as at June 30, 2020, BIL has delivered a total return (Dividends + Capital Gains) of 586.0% to its ordinary shareholders.

  • Our Capital to Risk Weighted Assets for the 9-Month period ended June 30, 2020, stood at 48.13%

    well above the regulatory minimum of 10%

The struggle is real. But so are the Barita benefits.

*past performance is not a guarantee of future performance.

Learn More About Barita APO

The Braintrust's take

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how does it all work?

This APO or Additional Public Offering allows us to offer further shares to our potential new or existing shareholders, which in this case is up to 173,733,220 New Ordinary Shares inclusive of 160,752,450 Reserved Shares.

Price per new ordinary share (JA$)

As promised, our preferential prices are reserved for those facing the greatest economic impact of the coronavirus pandemic, like our farmers and hotel workers, and those on the frontlines, like our healthcare workers.

  • $49.00
    for Small Investors
    (Small investors refer to Investors subscribing for a minimum of 300 and no more than 1,000 New Ordinary Shares)
  • $49.75
    for Hotel-workers, Farmers & Civil Servants
  • $52.00
    for Cornerstone Investor, Barita Clients, Existing Shareholders and Key Investors
  • $52.00
    for Non-Reserved Share Applicants
MINIMUM SHARE PURCHASE
300 New Ordinary Shares with subsequent amounts in multiples of 100
OPENING DATE
Wednesday, August 26, 2020 at 9:00 a.m.
CLOSING DATE
Wednesday, September 16, 2020 at 4:00 p.m.

USE OF PROCEEDS

With the capital we raise from this APO, we plan to upgrade how Barita operates and performs through a few key components. We will:

  • Increase the Company’s Investment Banking underwriting capacity;

  • Upgrade our technology platform (hardware and software) to match leading global standards;

  • Seed new managed funds and expand product offerings so we can serve a wider range of investor profiles;

  • Expand our local and regional retail footprint expansion; and

  • Develop the talent, brand and operating capacity to accelerate our growth trajectory

Apply online with BOSS

BOSS is Barita's digital online securities solution tool that will allow applicants to submit applications for EPOs (Electronic Public Offerings).

How To Apply

This is your chance to own your first piece or a bigger portion of the Barita brand.

Welcome aboard. Make sure you have all the information you need by reading the full terms and conditions of the invitation in the Prospectus before responding to the offer.

Application Requirements

  • An active JCSD account

  • Government issued photo ID

  • See section 18 of the Prospectus for full application requirements

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