PIER PARK INVESTORS BEGIN RECEIVING 2019 DIVIDEND CHEQUES

Preference Shareholders began receiving Dividend cheques yesterday November 25th, 2021 from Tortola Pier Park Ltd. (“TPPL”).

The payment of 2019 dividends have been approved by the three member TPPL Board in the amount of US$529,974, the largest Investor which is BVI Social Security Board will receive US$442,500. Payments are ready for collection from today Thursday 25 November, 2021 (“the Dividend”).

The CEO, Mr. Vance Lewis lauded the efforts of the TPPL Board & Team and further advised that as usual a statutory solvency test was conducted to allow for a sensible buffer for working capital.

Mr. Vance Lewis

The Tortola Pier Park is a major development in the British Virgin Islands, which consists of an enhanced cruise pier and a five-acre landside shopping facility. The newly enhanced cruise facility includes a 60ft wide, 1,312ft long pier that can berth ships up to a maximum tonnage of 180,000 GRT. The landside shopping center consist of over 60 stores, including retail, service providers, commercial spaces and office space.

For updates and information on Tortola Pier Park Ltd. follow them on Facebook – www.facebook.com/tortolapier; Instagram – www.instagram.com/tortolapier; or Twitter – @TortolaPierPark. The website www.tortolapier.com is currently under construction and a relaunch is anticipated in the following weeks.