WIT extends IPO to June 22

West In­di­an Traders Ltd (WIT) has ex­tend­ed its Ini­tial Pub­lic Of­fer­ing (IPO) to June 22, 2026.

In a news re­lease is­sued yes­ter­day, the com­pa­ny said, “The de­ci­sion to ex­tend the of­fer pe­ri­od was made to ac­com­mo­date con­tin­ued in­vestor in­ter­est and to pro­vide ad­di­tion­al time for prospec­tive in­vestors to com­plete the ap­pli­ca­tion process and par­tic­i­pate in this sig­nif­i­cant in­vest­ment op­por­tu­ni­ty.”

WIT con­tin­ued, “Since open­ing, the IPO has gen­er­at­ed strong mar­ket en­gage­ment from both in­di­vid­ual and in­sti­tu­tion­al in­vestors. The ex­ten­sion is in­tend­ed to en­sure that all in­ter­est­ed in­vestors have a fair op­por­tu­ni­ty to re­view the prospec­tus, seek fi­nan­cial ad­vice where nec­es­sary and sub­mit their ap­pli­ca­tions.”

The com­pa­ny stat­ed that all oth­er terms and con­di­tions of the IPO re­main un­changed.

The IPO was launched on May 18, 2026 in part­ner­ship with NCB Mer­chant Bank (Trinidad & To­ba­go) as lead bro­ker and arranger.

Billed as the first Fast Mov­ing Con­sumer Goods IPO in T&T, shares are of­fered at TT$2.00 each, with a min­i­mum pur­chase of 50 shares. It was ini­tial­ly set to close on June 5, 2026.

WIT ex­plained the IPO pro­ceeds will be used to strength­en its bal­ance sheet; re­pay ap­prox­i­mate­ly $4.62 mil­lion in debt; cov­er the of­fer ex­pens­es and fund growth ini­tia­tives, in­clud­ing a state-of-the-art ware­house in El So­cor­ro and ex­pan­sion in­to chilled and frozen goods.

West In­di­an Traders said it was grate­ful for the in­ter­est shown in the of­fer and looks for­ward to wel­com­ing new share­hold­ers as the com­pa­ny em­barks on its next phase of growth.

For ad­di­tion­al in­for­ma­tion on the IPO, prospec­tive in­vestors are en­cour­aged to con­tact their bro­ker or au­tho­rised sell­ing agent.