Details of Enterprise Group Limited

Company Profile

SymbolEGL
Company NameEnterprise Group Limited
Stated CapitalGHS 31,599,000.00
Security
Nature of BusinessBusiness Development and Management Consultancy
Date IncorporatedNovember 24, 2008
CommentsAugust 31, 1976 - The Company however started from the early beginnings of the Royal Exchange Assurance in Ghana in 1924.
Date ListedFeb 21, 1992
Registered OfficeEnterprise House, No. 11, High Street, Accra
Postal AddressPMB 150, GPO, Accra
Tel0
Fax0
Emailinfo@enterprisegroup.com.gh
Websitewww.enterprisegroup.com.gh
Types of Traded SecuritiesOrdinary Shares of no par value
Issued Shares(GH) (mil.)169.72
Authorised Shares200 million
DirectorsTrevor Trefgarne - Chairman, Mr. Keli Gadzekpo - Chief Executive Officer, Martin Eson-Benjamin, Mr. George Otoo, Angela Ofori-Atta, Daniel Larbi-Tieku, Cleland C. Bruce - Group Chief Operations Officer, Daniel Larbi-Tieku - Group Chief Finance Officer, Fiifi Kwakye - Non-Executive Director
Change of NameEnterprise Group Limited
Comments

Press Releases

May 2018

EGL announces that the Company’s Eighth Annual General Meeting will be held on Tuesday, June 12, 2018. The venue is the Advantage Place, Mayor Road, Ridge West, Accra at 10:30 am.

Issued in Accra, this 24th day of May, 2018

April 2018

EGL has added 36,620,000 ordinary shares to the company’s number of issued shares. This was as a result of the Rights Issue.

This brings the total issued shares to 169,720,825.

Issued in Accra, this 23 rd day of April, 2018.

EGL has released the attached announcement for the information of the general investing public.

Issued in Accra, this 13 th day of April, 2018

EGL announces that with effect from April 9, 2018, Mr. Nigel Nunoo has been appointed as Chief Risk Officer of EGL through its strategic partnership with Leapfrog Strategic African Investments.
Mr. Nunoo has worked in a variety of roles within Prudential Financial Inc (USA) for almost two decades and currently leads their African Business Development efforts.
He did an MBA at Columbia University and holds the Chartered Financial Analyst (CFA) and Fellow of Society of Actuaries (FSA) designations.

Issued in Accra, this 9 th day of April, 2018

March 2018

EGL has released the attached announcement for the information of the general investing public.

Issued in Accra, this 27 th day of March, 2018

February 2018

EGL has released the attached announcement for the information of the general investing public.

Issued in Accra, this 9 th day of February, 2018

September 2017

EGL has released the attached announcement for the information of the general investing public.

Issued in Accra, this 13 th day of September, 2017.


 

August 2017

EGL has released the attachment announcement for the information of the general investing public.

Issued in Accra, this 29 th day of August, 2017

EGL announces that Her Excellency Mrs. Margaret Clarke-Kwesie has resigned from the Board of the company.

Issued in Accra, this 23 rd day of August, 2017

July 2017

EGL announces that the Company’s Annual General Meeting will be held on Tuesday, August 8, 2017. The venue is the Ghana College of Physicians and Surgeons, 54 Independence Avenue, Accra at 10:00 am.

Issued in Accra, this 10th day of  July, 2017

December 2016

 EGL announce that the following persons have been appointed as Directors of the company:

1. Cleland C. Bruce, Group Chief Operations Officer;

2. Daniel Larbi-Tieku, Group Chief Finance Officer; and

3. Fiifi Kwakye, a Non-Executive Director.

Brief Profile

Mr. Bruce was the Executive Director of Enterprise Life until his appointment as Group Chief Operations Officer in January this year. He is an Associate of the Chartered Insurance Institute and a Fellow of the Insurance Institute of Ghana. He has over 30 years experience and has served as Vice President of the Ghana Insurance Association.

Mr. Larbi-Tieku was the General Manager, Finance in Enterprise Life until his appointment as Group Chief Financial Officer in January this year. Prior to joining Enterprise Life, he was the Finance Director for Coca-Cola Bottling Company. He is a Fellow of the Association of Chartered and Certified Accountants and a member of ICA (Ghana).

Mr. Kwakye is a member of ICA (Ghana), the Chartered Institute of Taxation (Ghana) and an Investment Representative of the Securities and Exchange Commission. He has over 25 years experience in the public and private sectors, and currently chairs the Boards of Enterprise Life and Enterprise Trustees.

4. Mr. Emmanuel Idun has resigned from the Board.

Issued in Accra, this 30th day of November, 2016

March 2016

EGL announce that Mr. Daniel Larbi-Tieku, has been appointed as the Chief Financial Officer of EGL effective April 1, 2016.

He takes over from Mr. Emmanuel Idun who will remain with the Group working on special projects.

Prior to his appointment, Mr. Larbi-Tieku was the General Manager, Finance of Enterprise Life Assurance Company Limited.

Issued in Accra, this 23rd day of  March, 2016

October 2015

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 EGL announces the appointment of Dr. Angela Ofori-Atta as a Director to the Board of the company effective October 1, 2015.

Prof. Ofori-Atta attended Wesley Girls High School and is a graduate of the University of Ghana, Legon.   Awarded the prestigious Canadian Commonwealth Scholarship, Angela obtained her Masters and Doctorate degrees in Clinical Psychology from the University of British Columbia, Vancouver, Canada in 1992 and 1998 respectively.

She is currently an Associate Professor at the University of Ghana Medical School where she teaches Psychology and Professional Ethics.

Issued in Accra, this 8th day of  October, 2015
EGL has added 150,000 ordinary shares to the company’s number of issued shares. This was as a result of an employee exercising his rights under the Executive Share Option Scheme. This brings the total issued shares to 133,270,825.


Issued in Accra, this 1st day of October, 2015

September 2015

EGL has added 120,000 ordinary shares to the company’s number of issued shares. This was as a result of an employee exercising her rights under the Executive Share Option Scheme. This brings the total issued shares to 133,120,825.

Issued in Accra, this 18th day of September, 2015
EGL has added 170,000 ordinary shares to the company’s number of issued shares. This was as a result of some employees exercising their rights under the Executive Share Option Scheme. This brings the total issued shares to 132,000,825.

Issued in Accra, this 15th day of September, 2015

August 2015

EGL has added 510,000 ordinary shares to the company’s number of issued shares. This was as a result of some employees exercising their rights under the Executive Share Option Scheme. This brings the total issued shares to 132,830,825.

Issued in Accra, this 24th day of August, 2015
EGL has added 220,000 ordinary shares to the company’s number of issued shares. This was as a result of some employees exercising their rights under the Executive Share Option Scheme.

Issued in Accra, this 14th day of August, 2015

May 2015

Final Dividend
EGL has announced that the Company’s Directors will be recommending to the shareholders at the upcoming Annual General Meeting, the payment of a final dividend of GH¢0.025 per share for the 2014 financial year.

Qualifying date
Members registered in the books of EGL at the close of business on Tuesday, 16th June, 2015 will qualify for the payment of the final dividend.

Closure of Register

The Register of shareholders will be closed from Wednesday, 17th June, 2015 to Thursday, 18th June, 2015 (both dates inclusive).

Ex-Dividend Date

The ex-dividend date has been set as Friday, 12th June, 2015. Consequently, an investor purchasing EGL shares before this date will be entitled to the final dividend. However, an investor buying EGL shares on or after Friday, 12th June, 2015 will not be entitled to the final dividend.

Dividend Payment Date
The final dividend will be paid on Thursday, 28th July, 2015.

Annual General Meeting
EGL announces that the Company’s 5th Annual General Meeting will be held on Thursday, 18th June, 2015. The venue is the Accra International Conference Centre at 10:30 am.

Issued in Accra, this 19th
day of May, 2015

December 2014

EGL has added 90,000 ordinary shares to the company’s number of issued shares. This brings the number of issued shares of EGL to 131,900,825. The increase was as a result of an executive exercising his rights under the Executive Share Option Scheme.


Issued in Accra, this 11th
day of December, 2014
Press Release No. 349/2014 refers.

Ex-Dividend Date
Due to the public holiday of December 5, 2014, the ex-dividend date for EGL’s interim dividend has been set as Wednesday, December 3, 2014. Consequently, an investor purchasing EGL shares before this date will be entitled to the interim dividend. However, an investor buying EGL shares on or after Wednesday, December 3, 2014 will not be entitled to the interim dividend.


Issued in Accra, this 1st day of December, 2014.

November 2014

Press Release No. 349/2014 refers.

The Board of Directors of EGL wish to state that the exceptional dividend, which is the highest ever paid in the company’s history, follows the successful sale to Sanlam Emerging Markets Proprietary Limited of 40% shares in Enterprise Insurance Company Limited.


Issued in Accra, this 19th
day of November, 2014.
Interim Dividend
EGL announces an Interim Dividend of GH¢0.19 per share in respect of its 2014 financial year.

Qualifying date
Members registered in the books of EGL at the close of business on Monday, December 8, 2014 will qualify for the payment of the interim dividend.

Closure of Register
The Register of shareholders will be closed from Tuesday, December 9, 2014 to Wednesday, December 10, 2014.

Ex-Dividend Date
The ex-dividend date has been set as Thursday, December 4, 2014. Consequently, an investor purchasing EGL shares before this date will be entitled to the interim dividend. However, an investor buying EGL shares on or after Thursday, December 4, 2014 will not be entitled to the interim dividend.

Dividend Payment Date
The interim dividend will be paid on Thursday, December 11, 2014.

Issued in Accra, this 17th
day of November, 2014.

October 2014

EGL has released the attached announcement for the information of the general investing public.


Issued in Accra, this 1st
day of October, 2014

June 2014

EGL has appointed Mrs. Sadia Chinery-Hesse as Group Head, Legal and Company Secretary effective 2nd June 2014.

Mrs. Chinery-Hesse holds a Bachelor of Laws Degree from the University of London and a Masters Degree in Petroleum Law & Policy from the University of Dundee.

Prior to her appointment, she was a Legal and Governance Consultant. Her previous roles include General Counsel and Company Secretary at Stanbic Bank Ghana Limited, Partner of Finance and Energy at Oxford & Beaumont, Solicitors and Senior Associate at Bentsil Enchill, Letsa & Ankomah.

She is a member of the Law Society of England & Wales, the Ghana Bar Association and is also a Fellow of the Institute of Chartered Secretaries & Administrators (UK).

Issued in Accra, this 24th
day of June, 2014

March 2014

EGL has released the attached announcement for the information of the general investing public.



Issued in Accra, this 19th
day of March, 2014

September 2013

Interim Dividend
EGL announces an Interim Dividend of GH¢0.020 per share in respect of its 2013 financial year.
 
Qualifying date
Members registered in the books of EGL at the close of business on Tuesday, October 1, 2013 will qualify for the payment of the interim dividend.
 
Closure of Register
The Register of shareholders will be closed from Wednesday, October 2, 2013 to Thursday, October 3, 2013.
 
Ex-Dividend Date
The ex-dividend date has been set as Friday, September 27, 2013. Consequently, an investor purchasing EGL shares before this date will be entitled to the interim dividend. However, an investor buying EGL shares on or after Friday, September 27, 2013 will not be entitled to the interim dividend.
 
Dividend Payment Date
The interim dividend will be paid on Monday, November 4, 2013.
 
Issued in Accra, this 9th
day of September, 2013

April 2013

EGL has announced that the Company’s 3rd Annual General Meeting will be held on Wednesday, 22nd May, 2013. The venue is the Ghana College of Physicians and Surgeons at 10:30 am to transact the following business:
 
AGENDA
1.            To receive the Report of the Directors and the Financial Statements together with the Report of the Auditors thereon for the year ended December 31, 2012.
 
2.            To declare a final dividend.
 
3.            To re-elect retiring Directors.
 
4.            To authorize the Directors to fix the remuneration of the Auditors.
 
5.            To approve Directors’ Remuneration.
 
Issued in Accra, this 15th
day of April, 2013

December 2010

Interim Dividend
EGL has announced an Interim Dividend of GH¢0.004 per share in respect of its 2010 financial year.

Qualifying date
Members registered in the books of EGL at the close of business on Friday, December 24, 2010 will qualify for the payment of the interim dividend.

Closure of Register
The Register of shareholders will be closed on Wednesday, December 29, 2010.

Ex-Dividend Date
The ex-dividend date has been set as Wednesday, December 22, 2010. Consequently, an investor purchasing EGL shares before this date will be entitled to the interim dividend. However, an investor buying EGL shares on or after Wednesday, December 22, 2010 will not be entitled to the interim dividend.

Dividend Payment Date
The interim dividend of GH¢0.004 per share will be paid on Thursday, December 30, 2010.


Issued in Accra, this 21st
day of December. 2010

Financial Statements

April 2018

EGL has released its un-audited Financial Statements for the first quarter ending March 31, 2018 as per the attached.

Issued in Accra, this 30 th day of April, 2018

March 2018

EGL has released its audited Financial Statements for the year ended December 31, 2017 as per the attached.

Issued in Accra, this 20th day of  March, 2018

 

October 2017

EGL has released its un-audited Financial Statements for the third quarter ending September 30, 2017 as per the attached.

Issued in Accra, this 26 th day of October, 2017

July 2017

EGL has released its unaudited Financial Statements for the half year ending June 30, 2017 as per the attached.

Issued in Accra, this 26th day of  July, 2017

March 2017

EGL has released its audited Financial Statements for the year ended December 31, 2016 as per the attached.

Issued in Accra, this 31st day of  March, 2017

Attachment 2

July 2016

EGL has released its unaudited Financial Statements for the half year ending June 30, 2016 as per the attached.

Issued in Accra, this 28th day of  July, 2016

March 2016

EGL has released its audited Financial Statements for the year ended December 31, 2015 as per the attached.

Issued in Accra, this 30th day of  March, 2016

October 2015

EGL has released its un-audited Financial Statements for the third quarter ending September 30, 2015 as per the attached.

Issued in Accra, this 28th day of  October, 2015

July 2015

EGL has released its unaudited Financial Statements for the half year ending June 30, 2015 as per the attached.


Issued in Accra, this 31st day of July, 2015

May 2015

EGL has released its unaudited Financial Statements for the first quarter ending March 31, 2015 as per the attached.


Issued in Accra, this 15th
day of May, 2015

April 2015

EGL has released its audited Financial Statements for the year ended December 31, 2014 as per the attached.

Issued in Accra, this 10th day of April, 2015

October 2014

EGL has released its un-audited Financial Statements for the third quarter ending September 30, 2014 as per the attached.


Issued in Accra, this 31st
day of October, 2014

August 2014

EGL has released its unaudited Financial Statements for the half year ending June 30, 2014 as per the attached.


Issued in Accra, this 6th
day of August, 2014

May 2014

EGL has released its unaudited Financial Statements for the first quarter ending March 31, 2014 as per the attached.


Issued in Accra, this 12th
day of May, 2014

August 2013

EGL has released its unaudited Financial Statements for the half year ended June 30, 2013 as per the attached.


Issued in Accra, this 2nd
day of August, 2013

May 2013

EGL has released its unaudited Financial Statements for the first quarter ending March 31, 2013 as per the attached.


Issued in Accra, this 15th
day of May, 2013

November 2012

EGL has released its un-audited Financial Statements for the third quarter ending September 30, 2012 as per the attached.


Issued in Accra, this 8th
day of November, 2012

Market News & Information

January 2014

The Ghana Stock Exchange in 2013 experienced another outstanding performance of listed equities since its establishment in 1990. The GSE Composite Index which measures the performance of the entire market went up by 78.81%, obviously one of the best in Africa. In US dollar ($) terms it was up by 55% second to Malawi in Africa. The exceptional 2013 performance was buoyed largely by increased investor awareness and good operating results of many of the listed companies supported by the renewed investor confidence in the Ghanaian market and economy.
 

Statistics