Details of Unilever Ghana Limited

Company Profile

SymbolUNIL
Company NameUnilever Ghana Limited
Stated CapitalGH
Security
Nature of BusinessManufacturing (soaps, detergents, foods and personal care products),distribution and service enterprises.
Date Incorporated24 March 1948
Comments
Date ListedProvisional: November 12, 1990 Formal: August 23, 1991
Registered OfficeUnilever Ghana, Tema Factory Heavy Industrial Area, Ind / A /2 /3A-4, Tema
Postal AddressP O Box 721, Tema
Tel0
Fax0
Emailunilever@ghana.com
Website
Types of Traded Securities
Issued Shares(GH) (mil.)62.50
Authorised Shares100 million
DirectorsMr Edward Effah - Chairman, Mr Ziobeieton Yeo - Managing Director, Mr Alfred Yaw Oduro Nsarkoh, Mrs Edith Dankwa, Mrs Angela Peasah, Ms Nana Yaa Kissi, Mrs Gladys Amoah, Mr Nazaire Djako, Mrs Adesola Towobola Sotande-Peters, Mr Philip Odotei Sowah, Mrs Ama Adadzewa Agyemang - Secretary
Change of Name
Comments

Press Releases

May 2018

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

Issued in Accra, this 9 th day of May, 2018.

 

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

Issued in Accra, this 8 th day of May, 2018

 

 

April 2018

UNIL announces that Mr. Nazaire Djako has been appointed as Supply Chain Director (SCD), Ghana, with effect from 8 th March, 2018. Mr. Djako until this appointment was the Sourcing Unit Director, Cote d’Ivoire.

Mr. Djako joined Unilever in 1997 as a Management Trainee in Cote d’Ivore, working his way up from Oil Refinery Engineer to Factory Manager Foods, before moving over to Ghana in 2008 where he started as the chief engineer and later as the Plant Manager HPC/Foods. Thereafter he took over as the lead Supply Chain manager for Ghana in 2010. In 2012, he was promoted to the position of Go to Market Supply Chain Director for Unilever West Africa till 2014.


Mr. Djako recently had an assignment working in South East Asia as Supply Chain Projects Director in Indonesia, where he delivered crucial projects before returning to Cote d’Ivore last year 2016.

Issued at Accra, this 20 th day of April, 2018.

March 2018

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

Issued at Accra, this 22 nd day of March, 2018.

August 2017

UNIL announces the resignation of Mr. Joseph Z. Amuna from the Board of Directors effective 31st July, 2017. His replacement would be announced later.

Issued at Accra, this 9th day of August, 2017.

April 2017

Final Dividend

UNIL 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¢0.05 per share for the 2016 financial year.

Qualifying date

All shareholders registered in the books of UNIL at the close of business on Wednesday, 10th May, 2017 will qualify for the final dividend.

Closure of Register

In view of this the Register of shareholders will be closed from Thursday, 11th May, 2017 to Wednesday, 24th May, 2017 (both dates inclusive).

Ex-Dividend Date

In view of the foregoing, the ex-dividend date has been set as Monday, 8th May, 2017. Consequently, an investor purchasing UNIL shares before this date will be entitled to the final dividend.  However, an investor buying UNIL shares on or after Monday, 8th May, 2017 will not be entitled to the final dividend.

Dividend Payment Date

The dividend will be paid from 24th June, 2017.

Issued in Accra, this 24th day of  April, 2017.

Results

UNIL has released its Annual Report and Financial Statements for the year ended December 31, 2016 as per the attached.

Annual General Meeting

UNIL also announces that its Annual General Meeting will be held at the National Theatre, Accra on Wednesday, 24th May, 2017 at 11am.

Issued in Accra, this 18th day of  April, 2017

January 2017

Resignation of Directors

UNIL announces the following changes to Board of the Company:

  •  Mr. I E. Yamson resigned as Director and Chairman of the Company with effect from 31st December, 2016.
  • Ms Maidie E. Arkutu resigned as Managing Director of the company with effect from 31st December, 2016.
  • Mr. Luc-Olivier Marquet resigned as Director of the Company with effect from 31st December, 2016.
  • Mr. Miguel A. Marquez resigns as Director of the Company with effect from 31st January, 2017.

Appointment of New Directors and Head of Finance

UNIL also announces the following new appointments:

  •  Mr. Ziobeieton Yeo has been appointed as the Managing Director and replaces Ms. Maidie E. Arkutu on the Board. His appointment is effective 1st January, 2017.
  •  Mr. Yaw Nsarkoh has been appointed as a Non-Executive Director of the Company with effect from 1st January, 2017.
  • Mrs. Adesola Sotande-Peters has been appointed as a Non-Executive Director of the Company with effect from 1st January, 2017.
  • Ms. Elizabeth Donkoh is appointed as Head of Finance for Unilever Ghana Limited, with effect from 1st February, 2017.

Attached is a short profile of the new Directors and new Head of Finance.

Issued at Accra, this 5th day of January, 2017.

November 2016

Resignation of Directors
UNIL announces that Mr. Moses B. Amao resigned as the Customer Development Director with effect from 1st October, 2016. Mr. Joseph Nee-Amahtey Hyde and Prof. Franklyn Manu have resigned from the Board with effect from 1st November, 2016. Mr. Charles Alexander Cofie also resigned from the Board with effect from 17th November, 2016.


Appointment of New Directors
The following persons have been appointed as Directors of the Company with effect from 1st November, 2016.

  • Mr. Edward Effah
  • Mrs. Edith Dankwa
  • Mr. Philip Sowah
  • Mr. Joseph Z. Amuna


Mr. Edward Effah, Mrs. Edith Dankwa and Mr. Philip Sowah have been appointed as non-Executive Directors.


Attached is a short profile of each of the appointed directors.

Issued at Accra, this 17th day of November, 2016.

May 2016

Final Dividend
UNIL 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¢0.40 per share for the 2015 financial year.

Qualifying date 
All shareholders registered in the books of UNIL at the close of business on Tuesday, 3rd May, 2016 will qualify for the final dividend.

Closure of Register
In view of this the Register of shareholders will be closed from Wednesday, 4th May, 2016 to Tuesday, 17th May, 2016 (both dates inclusive).

Ex-Dividend Date
In view of the foregoing, the ex-dividend date has been set as Thursday, 28th April, 2016. Consequently, an investor purchasing UNIL shares before this date will be entitled to the final dividend.  However, an investor buying UNIL shares on or after Thursday, 28th April, 2016 will not be entitled to the final dividend.

Dividend Payment Date
The dividend will be paid from 17th June, 2016.

Issued in Accra, this 6th day of  May, 2016.

March 2016

UNIL announces that Mr. Clarence D. L. Nartey had resigned as the Brand Building Director with effect from 1st January, 2016.  Ms. Nana Yaa Kissi was appointed as a director of the board in place of Mr. Nartey with effect from 14th March, 2016.  She is now the new Brand Building Director of the company.

Nana Yaa is a seasoned marketer with over 12 years work experience in cross-functional roles within Unilever.  She has multi country and category experience in various positions including Personal Care Category Manager for Unilever Ghana and Skin Cleansing Category Manager for Unilever West Africa. 

Before being appointed as Brand Building Director for Unilever Ghana in January 2016, she was the Head of Marketing for Africa Emerging Markets now Central Africa with responsibility for a number of markets including Angola, Cameroon DRC, Mauritius, Gabon and Southern African markets. 

She holds a Post Graduate Diploma in Business and Marketing Strategy from EduQual and a Masters’ degree in Marketing and Innovation from the London School of Marketing.  She is result driven and has a proven record of crafting and implementing winning brand strategies to deliver business goals. 

Issued at Accra, this 23rd        
day of  March, 2016.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  

February 2015

UNIL announces the resignation of Ms. Naana Bedu-Addo as the Company Secretary of the company effective January 28, 2015. The company further announces that Ms. Elizabeth Donkoh has been appointed as the Acting Company Secretary effective January 29, 2015.

Ms. Elizabeth Donkoh holds a Bachelor’s degree in Business Administration – Banking and Finance, and currently writing ICA Part 3. She Joined Unilever Ghana Limited in 1994 as a Finance Officer and ranking through various positions.

She has worked in various finance roles and has also led a number of finance projects within Ghana and across Africa. She has a lot of experience in Financial Management and Business Partnering.

Issued at Accra, this 9th
day of February, 2015.

October 2014

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

Issued in Accra, this 28th day of October, 2014.

August 2014

UNIL announces that Mr. Miguel Angel Jimenez Marquez has been appointed as a director with effect from 24th July 2014.

Mr. Marquez, a graduate of Universidad Panamericana in Business Administration has more than fifteen (15) years of experience in the FMCG industry.

He is a senior Finance Executive with broad experience in both Regional as well as local company roles. He has gained enormous international experience in London, Chile, Mexico and USA and these include roles in Supply Chain Finance, Business Partnering to Brand Building and Sales, Regional and local strategic planning, he was also the Corporate Financial Controller. He has served in many capacities in Unilever Mexico and Unilever International and has gained rich experience in Financial Management. He possesses the right combination of diverse international experience and leadership skills to drive effective strategy execution as well as strong results across the business. Proven success at defining and executing business strategy, leading teams to high performance culture and a strong promoter of continues improvement.

In 2011 Mr. Marquez was appointed the Planning and Reporting/Brand Building Director, a position he held until 24th July 2014 when he was appointed as the Finance Director of Unilever Ghana Limited.

Mr. Marquez replaces Mrs. Victoria Kayaga Kiggundu as the Finance Director of the company.

Issued at Accra, this 13th day
August 2014.

March 2014

UNIL announces the resignation of Ms. Aurore Lokko as a Director on the Unilever Ghana Board with effect from February 1, 2014.


Issued at Accra, this 27th
day of March, 2014

November 2013

UNIL announces the appointment of the following Directors to the Board:-
 
i Mr. Luc Oliver Marquet
ii Mr. Moses Bamidele Amao
iii Mr. Clarence Derrick Lomotey Nartey
 
1 Mr. Luc Oliver Marquet has been appointed as the new Vice President for Unilever West Africa and Vice Chairman for the Board of Unilever Ghana Limited with effect from 1st July, 2013. Mr. Marquet will be based in Ghana.
 
Mr. Marquet has twenty three (23) years’ experience in the FMCG industry most of which was spend in developing and emerging markets.   He was until most recently the President and Management Director of L’Oréal in Philippines where he has significantly contributed to the growth of L’Oréal coupled with significant market share gain. He comes with extensive expertise in sales, marketing and operations.
 
2 Mr. Moses Bamidele Amao, replaces Mr. Akofa Ata as the new Customer Development Director for Unilever Ghana with effect from 30th October, 2013.
 
Mr. Amao joins Unilever from British American Tobacco where he was the Trade Development Manager for the West African markets responsible for the development and implementation of trade marketing distribution best practices across twenty (20) West African markets including Route-to-Market set-up, distributor set-up, Optimization of margins and other Key Performance Indicators as well as processes definition and implementation.
 
Previously, Mr. Amao headed British American Tobacco in Ghana as Country Manager. He has also held various positions in Customer and as Head of Brand Building and Marketing Skills Development within the same organization. 
 
Mr. Amao who is fluent in French brings a rich diversity of experience in Ghana and the West Africa Region and will be a valuable addition to the Unilever West Africa leadership team.
 
3 Mr. Clarence Derrick Lomotey Nartey replaces Ms. Maide E. Arkutu as the new Brand Branding Director for Unilever Ghana with effect from 20th October, 2013.
 
In an international career spanning thirteen (13) years, Mr. Nartey has successfully worked in developing and emerging markets including Ghana, South Africa, Turkey and Singapore. 
 
He has played multiple roles in Marketing, Brand/Snr Brand Manager (Unilever Ghana), Snr Brand Development Manager (Regional Hair Category, Istanbul), Marketing Manager for Personal Care (Ghana) across Branding Building and Brand Development functions have provided strong depth in his core function.
 
In his most recent role as Marketing Operation Manager for Africa, Mr. Nartey has been key in helping to drive focus and action towards delivering competitive. 
 
Mr. Nartey has a BA (Hons) in Business Administration from the University of Kent at Canterbury.
 
4 UNIL also announces that Mr. Sampson Aaron Dontoh has resigned from the board effective 30th October, 2013.
 
Issued in Accra, this 14th    
day of November, 2013

September 2013

IC Securities (Ghana) Limited announces that Arisaig Africa Consumer Fund Limited (Arisaig) has on 12th September, 2013 acquired an additional 1.13% of the issued shares in Unilever Ghana Limited (UNIL).

The acquisition involved the purchase of 705,800 ordinary shares at a weighted average price of GHS 16.9851 per share on the Ghana Stock Exchange. This transaction increases the holdings of Arisaig Africa Consumer Fund Limited in UNIL to 10.33%.


Issued at Accra, this 13th
day of September, 2013

May 2013

UNIL announces the appointment of Ms. Maidie Elizabeth Arkutu as the new Managing Director of the Company with effect from 1st May, 2013.

Ms. Arkutu is a Ghanaian and a professional marketer with vast experience in the FMCG Industry across several African countries. She has a post-Graduate Diploma in Marketing from the Chartered Institute of Marketing (UK Board). She also holds a Master of Business Administration (MBA) degree from the Vrije Universiteit Brussels, Belgium and a Bachelor of Arts (BA) degree in Economics and French from Vesalius College, Belgium.

Ms. Arkutu has seventeen (17) years experience with Unilever Ghana, South Africa and French West Africa and has extensive experience both in Brand Building and Brand Development.

She also worked with Coca-Cola where she held several managerial positions all over Africa. She served on many projects where she chalked great successes.

Before her current appointment, she was the Brand Building Director for Unilever West Africa and a Board Member of Unilever Ghana Limited.

Issued in Accra, this 7th
day of May, 2013
Our Press Release No. 070/2013 refers.

UNIL announces the resignation of Mr. David Mureithi as a Director and Managing Director of the Company effective 1st May, 2013.


Issued in Accra, this 7th
day of May, 2013

April 2013

UNIL announces that Mr. David Mureithi has expressed his intention to resign his position as the Managing Director of the Company with effect from 1st May, 2013 to pursue other interest.

His replacement will be announced later.

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

February 2013

UNIL announces the resignation of Mr. Akofa Ata as a Director on the Unilever Ghana Board with effect from February 1, 2013. Mr. Ata joins the Unilever South Africa business on expatriation.

His replacement would be announced later.


Issued at Accra, this 28th
day of February, 2013

October 2010

UNIL has announced the appointment of Mr. David M. Mureithi and Mr. Akofa Lolonyo Ata as the Managing Director and Marketing Director respectively to the Board of UNIL with effect from October 22, 2010.
 
Mr. David M. Mureithi
Mr. David Mureithi, 47 years, is an Electrical Engineer by training with twenty four (24) years experience in Unilever. He is a Kenyan by nationality and joined the company as a management trainee in the Engineering department and has risen to hold various senior management roles in the Supply Chain function as well as General Management. He has worked in Ivory Coast and Kenya among other African countries. He has MBA in Marketing from the Leicester University in the UK. Until his appointment, Mr. Mureithi was the Managing Director of Unilever East and Southern Africa, where he was responsible for overseeing Unilever operations in Kenya, Uganda, Tanzania, Rwanda, Malawi, Zambia, Zimbabwe and Mozambique.
 
Mr. Akofa Lolonyo Ata
Mr. Akofa Lolonyo Ata joined Unilever Ghana as a mid-career entrant in July 2004 as the Customer Service Manager of the Popular Foods team.  Prior to that, Mr. Ata worked at Accra Brewery Limited as the Market Development Manager and also at the British Council as the Information Service Manager. He has a Master of Arts Degree in Marketing from the University of Central England, Birmingham.
 
At Unilever Ghana, Mr. Ata moved from the Popular Foods team to the Customer Development team where he worked as the Category Manager for Foods, and then as the Trade Marketing Manager, Foods. He was subsequently seconded on International Assignment to the Win with Customer Project team as an Implementation Manager. His International Assignments took him to Unilever companies across Africa, Asia, Middle East and Europe.
 
Issued in Accra, this 28th       
day of October, 2010
UNIL has released its un-audited Financial Statements for the third quarter ending September 30, 2010 as per the attached.
 
Issued in Accra, this 27th      
day of October, 2010
 

UNIL has informed the Exchange that, the tentative timetable for the transaction between Unilever Ghana Limited and Wilmar Africa Limited has elapsed due to the fact that there is a court case currently pending which prevents the transaction from proceeding.

In the circumstance, UNIL awaits a determination by the court and would notify the market upon the resumption of the process.


Issued in Accra, this 20th
day of October, 2010

UNIL has announced the resignation of Mr. Stephane Achio from the Company’s Board effective July 31, 2010.


Issued in Accra, this 20th
day of October, 2010

July 2010

UNIL has announced that its Annual General Meeting of Shareholders will be held on Tuesday, July 27, 2010 at the National Theatre at 11.00 am.


Issued in` Accra, this 8th
day of July, 2010.

May 2010

UNIL has released the attached announcement for the information of the general public.


Issued in Accra, this 27th
day of May, 2010.


CLICK HERE TO VIEW DETAILS

March 2010

Final Dividend
UNIL has announced a final dividend of GH¢0.2128 per share in respect of its financial year ended December 31, 2009.

Qualifying Date
All shareholders registered in the books of UNIL at the close of business on Wednesday, July 14, 2010 will qualify for the final dividend of GH¢0.2128 per share which will be approved at the Annual General Meeting.

Closure of Register
The Register of shareholders will be closed from Thursday, July 15, 2010 to Wednesday, July 28, 2010, both dates inclusive.

Ex-Dividend Date
In view of the foregoing, the ex-dividend date has been set as Monday, July 12, 2010. Consequently, an investor purchasing UNIL shares before this date will be entitled to the final dividend. However, an investor buying UNIL shares on or after Monday, July 12, 2010 will not be entitled to the final dividend.

Dividend payment date
The final dividend of GH¢0.2128 per share will be paid on Friday, August 27, 2010.

Annual General Meeting
The Company’s Annual General Meeting will be held on Tuesday, July 27, 2010.


Issued in Accra, this 31st
day of March, 2010.

December 2009

UNIL has announced for the information of the general investing public that there would be an Extraordinary General Meeting at the National Theatre, Accra on Tuesday, February 2, 2010 at 11.00 am.
 
The purpose of the meeting is for passing an ordinary resolution to authorize the Directors of the Company to focus the operations of the company.
 
Issued at Accra, this 31st        
day of December, 2009.

November 2009

UNIL has announced the appointment of Mrs. Victoria Kayaga Kiggundu as a Director to the Board effective October 23, 2009.

Mrs. Victoria Kayaga Kiggundu is currently the Finance Director for Unilever Ghana Limited. She is a Fellow of the Association of Chartered Certified Accountants and holds a Masters degree in Business Administration from Oxford Brookes University, UK.

She also holds a Bachelor of Commerce, (Accounting) Degree from Makerere University, Uganda. She joined Unilever Uganda Limited in 1996 as a Management Trainee and worked in various positions until she joined Unilever Kenya Limited as the Regional Audit Manager for East Africa in 2003.

In 2004, she was appointed as the Regional Management Accountant for Unilever East and Southern Africa and held this position until she was appointed as an Audit Manager with Unilever Plc’s Corporate Audit department with responsibility for Asia, Africa, Middle East and Turkey, Central and Eastern Europe. She held this position until her current appointment as the Finance Director for Unilever Ghana Limited.


Issued at Accra, this 3rd
day of November, 2009.

July 2009

UNIL has announced that further to the special resolution passed at the company’s Annual General Meeting which was held on April 30, 2009 allowing for Regulation 13 of the company’s Regulations to be amended to allow for the transition from the use of paper share certificates to electronic book entries, the Board of Unilever Ghana Limited at its meeting held on July 23, 2009 passed a resolution that with effect from August 1, 2009:
UNIL has released its un-audited Financial Statements for the half-year ended June 30, 2009 as per the attached.



Issued at Accra, this 29th
day of July, 2009.



CLICK HERE TO VIEW DETIALS
UNIL has announced the resignation of Mr. B. C. Lang’at from the company’s Board effective June 30, 2009.


Issued at Accra, this 7th
day of July, 2009.

May 2009

UNIL has announced the resignation of Mr. P. A. Obeng from the company’s Board.



Issued at Accra, this 8h
day of May, 2009.

April 2009

UNIL has announced for the information of the general public the appointment of Mr. Sampson Aaron Dontoh to the Unilever Ghana Board effective April 1, 2009.


Information on Mr. Sampson Aaron Dontoh

Mr. Sampson Aaron Dontoh holds an Executive Masters in Business Administration (Human Resource Option) and a Bachelor of Art degree from the University of Ghana. Prior to joining Unilever Ghana Limited, he worked as the Human Resources Manager for L’ Air Liquide Ghana Limited. He joined Unilever Ghana in 2003 as the Training and Development Manager, responsible for Ghana, Nigeria and Cote D’Ivoire. In 2007, Mr. Dontoh was appointed Human Resource Business Partner for the Company and has been responsible for the Human resource Function until his current appointment as the Human Resource Director for Unilever Ghana Limited on April 1, 2009.



Issued at Accra, this 6th
day of April, 2009.

March 2009

Final Dividend
UNIL has announced a Final Dividend of GH¢0.1123 per share in respect of its financial year ended December 31, 2008.  
 
Qualifying date
All shareholders registered in the books of UNIL at the close of business on Tuesday, April 21, 2009 will qualify for the payment of a final dividend of G¢0.1123 per share which would be approved at the Annual General Meeting.
 
Closure of Register
The Register of shareholders will be closed from Wednesday, April 22 – Monday, May 4, 2009 (both dates inclusive).
 
Ex-Dividend Date
The ex-dividend date has been set as Friday, April 17, 2009. Consequently, an investor purchasing UNIL shares before this date will be entitled to the final dividend.  However, an investor buying UNIL shares on or after Friday, April 17, 2009 will not be entitled to the final dividend.
 
Dividend Payment Date
The final dividend of GH¢0.1123 per share will be paid on Friday, May 29, 2009.
 
AGM
UNIL has announced that its Annual General Meeting (AGM) of Shareholders will be held on Thursday, April 30, 2009 at the National Theatre at 11.00 am.
 
Issued at Accra, this 17th      

Financial Statements

May 2018

Results
UNIL has released its Annual Report and Financial Statements for the year ended December 31, 2017 as per the attached.

Annual General Meeting
UNIL also announces that its Annual General Meeting will be held at the Ghana College of Physicians and Surgeons on Thursday, 24 th May, 2018 at 10am.

Issued in Accra, this 7 th day of May, 2018

UNIL 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

January 2018

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

Issued at Accra, this 30 th day of January, 2018.

October 2017

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

Issued in Accra, this 27 th day of October, 2017

July 2017

UNIL has released its un-audited Financial Statements for the half year ended
June 30, 2017 as per the attached.

Issued in Accra, this 28 th day of July, 2017.

January 2017

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

Issued at Accra, this 31st day of  January, 2017.

October 2016

UNIL has released its un-audited Financial Statements for the third quarter ending September 30, 2016 as per the attached.

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

August 2016

UNIL has released its un-audited Financial Statements for the half year ended June 30, 2016 as per the attached.

Issued in Accra, this 29th day of  July, 2016

April 2016

UNIL has released its un-audited Financial Statements for the first quarter ending 31st March, 2016 as per the attached.

Issued in Accra, this 28th day of  April, 2016
Results
UNIL has released its Annual Report and Financial Statements for the year ended December 31, 2015 as per the attached.

Annual General Meeting
UNIL also announces that its Annual General Meeting (AGM) will be held at the National Theatre, Accra on Tuesday, 17th May, 2016 at 11am.

Issued in Accra, this 15th day of  April, 2016

November 2015

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

Issued in Accra, this 29th day of  October, 2015

August 2015

UNIL has released its un-audited Financial Statements for the half year ended June 30, 2015 as per the attached.

Issued in Accra, this 17th day of August, 2015.

April 2015

UNIL has released its un-audited Financial Statements for the first quarter ending 31st March, 2015 as per the attached.

Attachment 2

Issued in Accra, this 28th
day of April, 2015
UNIL has released its un-audited Financial Statements for the first quarter ended 31st March, 2015 as per the attached.


Issued in Accra, this 24th
day of April, 2015

February 2015

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

Issued at Accra, this 30th day of January, 2015.

July 2014

UNIL has released its un-audited Financial Statements for the half year ended June 30, 2014 as per the attached.



Issued in Accra, this 29th
day of July, 2014

April 2014

UNIL has released its un-audited Financial Statements for the first quarter ending 31st March, 2014 as per the attached.


Issued in Accra, this 25th
day of April, 2014

October 2013

July 2013

UNIL has released its un-audited Financial Statements for the half year ended June 30, 2013 as per the attached.


Issued in Accra, this 26th
day of July, 2013

April 2013

UNIL has released its un-audited Financial Statements for the first quarter ending 31st March, 2013 as per the attached.


Issued in Accra, this 26th
day of April, 2013
Results
UNIL has released its 2012 Annual Report and Accounts for the year ended December 31, 2012 as per the extracts attached.

Annual General Meeting
The Company also announces that the Annual General Meeting will be held at the National Theatre, Accra on Wednesday, April 24, 2013 at 11am.


Issued in Accra, this 3rd
day of April, 2013

January 2013

UNIL has released its un-audited Financial Statements for the year ended December 31, 2012 as per the attached.


Issued in Accra, this 31st
day of January 2013

April 2010

UNIL has released its un-audited Financial Statements for the first quarter ending March 31, 2010 as per the attached.

Issued in Accra, this 29th
day of April, 2010


CLICK HERE TO VIEW DETAILS

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.
 

August 2009

INTRODUCTION:

The market continued to witness low trading volumes during the first half of 2009.

Aside the global economic crisis, the low activities can also be attributed to the somewhat slow process of immobilization of share certificates into the new depository system. This has to some extent slowed down activities as only shares in the depository are allowed to trade. It is expected that the trend will change when more investors dematerialize their paper certificates and the Ghanaian economic climate improves.

MARKET PERFORMANCE

Index
The GSE All-Share Index recorded a decrease of 48.00% to end the half year of 2009 at 5,423.98points. This is in sharp contrast to the 55.77% gain recorded during the same period in 2008. This means that during the half year to June 2009, the GSE All-Share Index was significantly below the interest equivalent on 91 day Treasury bills of 25.49%.

Turnover
Turnover recorded for the period under review was significantly lower than that for the same period in 2008. The half year to June, 2009 recorded a total volume of 41.47million shares valued at GH¢37.69million compared with a volume and value of 189.08million shares and GH¢196.53m respectively for the same period in 2008.

Active Shares
The ten most actively traded equities for the period January to June, 2009 contributed to total volume and values of trades recorded on the market. In volume terms, GCB continued to lead the pack contributing 28.87% to total volume traded, followed by SCB and CAL with 22.40% and 13.7% respectively. BOPP was fourth with 10.15% while FML, ETI, AYRTN, UNIL, SIC and UT, followed in that order with between 6% and 1% of total volume traded.

In value terms, SCB led the half year with a contribution of 39.33% to total value traded followed by GCB and UNIL with 24.87% and 9.04% respectively. Other companies including CAL, PZ, BOPP, FML, ETI and GGBL contributed between 5.74% and 0.99% to total value traded.

Market Capitalization
Market capitalization at the end of June, 2009 was GH¢15,279.49m (approx. US$10,465.40m) compared with GH¢15,587.76m (approx. US$15,133.74m) at the end of June 2008.

DEPOSITORY

The process of immobilizing share certificates into the GSE Securities Depository system continued to be vigorously pursued by the Exchange. The GSE Securities Depository Company Ltd (GSD) and the Exchange during the period under review consulted and collaborated with stakeholders, particularly Registrars, Dealers and Listed Companies in this regard. It is expected that the evidence of the positive results of the GSE automation will soon be significant as a good number of share certificates are deposited in depository accounts by existing shareholders and new accounts are opened by potential investors.

To facilitate this programme, all listed companies at their respective AGMs passed resolutions as directed by the Exchange to amend their company regulations in order to allow for the conversion of paper certificates into electronic securities. The Exchange and the GSD had the opportunity at these AGMs to speak to shareholders on the benefits of the Depository. So far the top ten with respect to the level of dematerialized securities are:

OUTLOOK

Although the impact of the global financial crisis is being felt in the Ghanaian economy, recent attention on Ghana from the international community as a result of the country’s relatively stable political environment in the sub-region, the visit by the US president, President Barack Obama and Government’s effort aimed at greater economic stability are indications that opportunities still abound for wealth creation and stability augurs well for both existing and potential investors on the stock market. Analysts also believe that the Exchange’s performance in this first half of the year presents an opportunity for stock market investments as shares are relatively cheaper at current prices.

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