IPO Details

mailpac group limited


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Description of Company

Mailpac Group Limited (MGL), is a wholly owned subsidiary of Norbrook Equity Partners and was incorporated on September 19, 2019 to acquire the businesses of Mailpac Services Limited and Mailpac Local Limited. MGL boasts over 25 years of combined industry leading expertise and is operated by seasoned managers and staff that have and will continue to lead the businesses into the future.The company, through its amalgamation, offers ecommerce fulfilment services from the United States to Jamaica; sea freight shipping; crossborder and local online shopping; delivery from local retailers; online shopping financing and a branded MasterCard for shopping online (The Mailpac Card).


IPO Details

Short Name: MAILPAC

Currency: JMD

Opening Date: 22 Nov 2019

Closing Date (On or before) : 27 Nov 2019

Lead Broker: NCB Capital Markets

Arranger: NCB Capital Markets

Co-Broker(s):

Industry: Distribution


Share Pools

Description Maximum Shares Minimum Shares Share Increment Size Shares Available Unit Price
General Public 149,999,999 10,000 100 150,000,000 $1.00 Closed
Key Partners 149,999,999 10,000 100 150,000,000 $1.00 Closed
Financiers 149,999,999 10,000 100 150,000,000 $1.00 Closed
Employees 44,999,999 10,000 100 45,000,000 $0.90 Closed




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mailpac group limited


Opening Date:22 Nov 2019

Closing Date (on or before): 27 Nov 2019

General Share Unit Price: $1.00

General Share Amount: 150,000,000