Over 50 year of
Market Leadership:
A Record of
Consistent Growth:
Share Price:$4
Opening 16/07/24

Reports

Investor Benefits

Steady Dividends

SOLIS offers reliable
dividends thanks to
predictable earnings from
long-term contracts,
appealing to investors
seeking steady income.

Growth Potential

With a strong reputation,
client relationships, and
brand representation,
SOLIS is set for ongoing,
growth, enhancing
investment value.

Stable Investments

Long-term contracts
enable consistent and
predictable revenue. This
drives the SOLIS business,
model

FUTURE OPPORTUNITIES

SOLIS expects an expansion
in technology-related
revenue streams as the
core product range of
photocopiers and printers.

Who is SOLIS?

01

IDENTITY

50+ year old family business, bought by The Office Authority Ltd in 2007. Track record of quality service, high level of repeat business and consistent profitability.

02

AFFILIATES

The Office Authority Ltd is a privately held amalgamated company formed to house several acquisitions - Trinpad, Office Express, Media Sales, Media Print, CPPP, Fine Papers Division of Trinidad Tissues Ltd.

03

MANGEMENT

We possess subject matter expertise and a strong technical services background, with mid and back level shared services & executive office functions supported by the office authority ltd.

04

GOVERNANCE

The Board is comprised of two independent parties and three executive directors.

05

PERFORMANCE

Consistent growth (20% over 5 years), net profit margin consistently > 10%, expected dividend quality service, high level of repeat business and yield > 10% at IPO price.

GOING PUBLIC

SOLIS is excited to
announce our upcoming
stock market listing.
Our goal? To expand our
photocopier and printer
rental fleet and branch into
additional technology-
related revenue streams.

PROVEN PRESENCE

Thousands of our devices
are already in use across
Trinidad & Tobago. With
public investment, we plan
to significantly increase
this footprint.

FINANCIAL STRENGTH

Our business model
aims to provide
consistent and stable
dividend streams
to investors.

COMMERCIAL RATIONALE

Tax Incentives

For the first 5 years, SOLIS benefits from 0% corporation tax, Green Fund, and Business levy, followed by a 50%
reduction in these taxes for years 6-10.

Patient Capital Pool

The capital being raised in the IPO is expected to enable:

  • Increased price competitiveness in large bids.
  • Reduction in sales costs by enabling upfront payments to suppliers, thus saving on financing costs.
  • Enhanced company visibility and marketing efforts, leading to a broader business inflow and market share,
    as well as an improved capacity to attract a talented workforce for sustained growth and business continuity.

Offer Details

SOLIS Initial Public Offering (IPO) invites the general public
to subscribe to a pool of up to 2,750,000 shares at TT$4.00 per ordinary share.

OFFER OPENS

JUL 16, 2024 @ 8AM

OFFER CLOSES

Aug 9, 2024 @ 4PM

HOW TO APPLY

Investors can participate in the SOLIS IPO by submitting their applications electronically at www.goipo.jncb.com. GoIPO is a digital equities application platform powered by NCB Merchant Bank (Trinidad and Tobago) Limited.

Application Requirements

  • 1 form of Valid ID (National ID or Passport)
  • Proof of Address – Utility bill or bank statement in your name
  • Proof of Income – Job letter or pay slip

Disclaimer: SOLIS has been approved as a reporting issuer and a receipt of Prospectus has been issued by the Trinidad and Tobago Securities and Exchange Commission (TTSEC). The TTSEC has not in any way evaluated the merits of the securities offered herein and any representations to the contrary is an offence. Investing involves risks. It is strongly recommended that prospective investors, prior to making any decisions regarding the SOLIS IPO, should thoroughly review the Prospectus and carefully consider their investment objectives and consult with professional advisors.

MERCHANT BANK GoIPO OFFER TUTORIAL

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Haydn Gittens 

With over 30 years of experience in the financial sector, Mr. Hadyn Gittens has held senior roles across the Caribbean. He began his career at Republic Bank Limited, then spent 23 years with the RBC Royal Bank Group in Trinidad and Jamaica, culminating in the role of Group Head, Corporate Banking. In 2013, he became CEO of the Bank of Saint Lucia Limited for three years before serving as CEO of the Trinidad and Tobago Securities and Exchange Commission from 2017 to 2020. In January 2024, he was appointed Chairman of the Trinidad and Tobago Integrity Commission. Mr. Gittens is a highly qualified executive with expertise in Commercial and Corporate Banking, Credit Risk Management, Securities Regulation, and financial consultancy. He holds an MBA from the University of Manchester, UK, as well as an MSc in Accounting and a BSc (Hons) in Industrial Management from the University of the West Indies St. Augustine.