TLW has released the attached announcement for the information of the general investing public.
Issued in Accra, this 17 th day of February, 2020.
TLW has released the attached announcement for the information of the general investing public.
Issued in Accra, this 17 th day of February, 2020.
TOTAL announces the appointment of Mr. Wilfried Konde as a Board Member of the company effective 1 st November, 2019. Mr. W. Konde replaces Mr. Gerard Pruneau who resigned on 1 st November, 2019.
Please find attached a brief background of Mr. Wilfried Konde.
Issued in Accra, this 18 th day of February, 2020
PZC announces the resignation of Mr. David Afflu as Managing Director of the company effective 11 February, 2020.
Also the company wishes to announce the appointment of Ms. Adiza Sefiyanu as the Acting Managing Director of the company effective 12 February, 2020.
Find attached the details of the announcement.
Issued in Accra, this 17 h day of February, 2020
AGA has released the attached announcement for the information of the general investing public.
Issued in Accra, this 12 th day of February, 2020.
AGA has released the attached announcement for the information of the general investing public.
Issued in Accra, this 12 th day of February, 2020.
ADB has released the attached announcement for the information of the general investing public.
Issued in Accra, this 13 th day of February, 2020
ETI has released the attached announcement for the information of the general investing public.
Issued at Accra, this 11th day of February, 2020.
TLW has released the attached announcement for the information of the general investing public.
Issued in Accra, this 5 th day of February, 2020.
GSR has released the attached announcement for the information of the general investing public.
Issued in Accra, this 4 th day of February, 2020
ADB has released its unaudited Financial Statements for the year ended December 31, 2019 as per the attached.
Issued in Accra, this 3 th day of February, 2020
TLW has released the attached announcement for the information of the general investing public.
Issued in Accra, this 31 th day of January, 2020.
TLW has released the attached announcement for the information of the general investing public.
Issued in Accra, this 31 th day of January, 2020.
TLW has released the attached announcement for the information of the general investing public.
Issued in Accra, this 28 th day of January, 2020.
The Council of the Ghana Stock Exchange is pleased to announce the appointment of Mr. Ekow Afedzie as the Managing Director of the Exchange, with effect from January 1, 2020.
Mr. Afedzie, who has been acting as the Managing Director since August 1, 2019, takes over from Mr. Kofi Yamoah, the immediate past Managing Director, who has retired. Prior to this, Mr. Afedzie had been the Deputy Managing Director for 10 years.
Having worked with the Exchange since its inception in 1990, Mr. Afedzie brings on board over 28 years of experience in the capital market, some of which were spent as the Head of Marketing, Research and Systems and as General Manager of the Exchange.
Mr. Afedzie has been associated with many transformational projects at the Ghana Stock Exchange. He coordinated the automation of the trading, clearing and settlement functions of the Exchange as well as the establishment of a depository company for equities. He was also instrumental in the establishment of the Ghana Fixed Income Market (GFIM) and the Ghana Alternative Market (GAX). Mr. Afedzie is experienced in stock market operations and has participated in many international conferences in that area. He has also made significant contributions to local and international research on stock markets and presented papers on stock market operations at many local and international fora.
Mr. Afedzie holds a Master’s Degree in Business Administration and a Master of Arts Degree in Economic Policy Management, both from the University of Ghana. He also holds a Bachelor’s degree in Law from Mountcrest University College.
The rich experience and remarkable dynamism of Mr. Afedzie are invaluable, especially as the Exchange undergoes the critical period of modernising and transitioning from a frontier market to an emerging market, in alignment with Government’s plan to make Ghana the financial hub of the West African sub-region. A successful transition will attract more investors to participate in the capital market, which will increase liquidity and profits, improve market efficiency and enable the Exchange to develop a greater level of market influence. Mr. Afedzie’s historical and current knowledge of the market stands him in good stead to spearhead the transition.
The Council is confident that the Exchange will experience remarkable growth under the leadership of Mr. Afedzie and wishes him well in his new role.
Issued at Accra, this 18th Day of December, 2019
ADB has released the attached announcement for the information of the general investing public.
Issued in Accra, this 21 st day of January, 2020
AGA announces the following increase in its share capital:
| AGA Share | AGA Share Incentive | Total Capital (SA | |
| Date | Increase | Scheme | Rand) |
| October 31, 2019 | 415,253,692 | 37,117 | 51,610,035,325.13 |
| November 30, 2019 | 415,287,015 | 33,323 | 51,615,804,351.56 |
| December 31, 2019 | 415,301,215 | 14,200 | 51,618,226,042.13 |
These were as a result of the issue and listing of additional ordinary shares over the period on the Johannesburg Securities Exchange, South Africa.
Issued in Accra, this 20th day of January, 2020.
PR. 018/2020-GHL BANK GHL PLC TRANCHE 5 (GHL500-7Y26) COUPON PAYMENT ANNOUNCEMENT - January 20, 2020
GHL Bank has released the attached announcement for the information of the general investing public.
Issued in Accra, this 20 th day of January, 2020
GHL Bank has released the attached announcement for the information of the general investing public.
Issued in Accra, this 20 th day of January, 2020
GHL Bank has released the attached announcement for the information of the general investing public.
Issued in Accra, this 20 th day of January, 2020
TLW has released the attached announcement for the information of the general investing public.
Issued in Accra, this 15 th day of January, 2020.
MTNGH has released the attached announcement for the information of the general investing public.
Issued in Accra, this 17 th day of January, 2020.
BOPP announces the following changes to the Board:
1. The appointment of Mr. Benjamin Appiah-Manuh as an Executive Director of the Company with effect from November 8, 2019.
2. Mr. Bini Kouakou Kossonou resigned from the Board on November 8, 2019.
Attached is the profile of Mr. Benjamin Appiah-Manuh.
Issued in Accra, this 17 th day of January, 2020
TLW has released the attached announcement for the information of the general investing public.
Issued in Accra, this 15 th day of January, 2020.
TLW has released the attached announcement for the information of the general investing public.
Issued in Accra, this 15 th day of January, 2020.
ESLA has released the attached announcement for the information of the general investing public.
Issued in Accra, this 14 th day of January, 2020
Listing
The Ghana Stock Exchange has admitted to the Ghana Fixed Income Market (GFIM), notes and bonds issued by the Government of Ghana in December, 2019.
Background Information
Details of the notes are as follows.
| Title | 2-Year Notes | 3-Year Bonds | 5-Year Bonds |
| Issuer | Government of Ghana | Government of Ghana | Government of Ghana |
| Total Value Issued | GH¢3,231,398,129 | GH¢505,499,388 | GH¢478,650,356 |
| Coupon Rate | 20.95%,19.50% and 19.75% per annum | 18.50%, and 19.70% per annum | 17.60% and 19.50% per annum |
| Issue Date | 09/12/2019, 11/11/2019, 11/03/2019, 25/02/2019, 12/11/2018, 10/12/2018 | 05/06/2017 and 27/05/2019 | 04/12/2017, 15/07/2019 |
| Maturity Date | 06/12/2021, 08/11/2021, 08/03/2021, 22/02/2021, 09/11/2020 and 07/12/2020 | 01/06/2020 and 23/05/2022 | 08/07/2024 and 28/11/2022 |
| Interest Payment | Half yearly from issue date | Half yearly from issue date | Half yearly from issue date |
Non-Resident Foreign (NRF) Investors Participation
The Bank of Ghana has confirmed that participation in Government of Ghana fixed income securities is open to non-resident foreigners (NRF) in respect of securities with tenure of two years and above.
Registration
The Central Securities Depository Ltd will be in charge of registration.
Tax
The Income Tax Act of 2015 (Act 896) requires the withholding of tax in respect of interest payments at the applicable rate of tax.
Issued at Accra on January 13, 2020
CAL has released the attached announcement for the information of the general investing public.
Issued in Accra, this 9 th day of January, 2020.
CAL announces the retirement of the following directors of the company;
1. Frank Brako Adu Jnr – retired as Managing Director of CAL Bank effective 31st December 2019;
2. Mr Malcomn Dermott Pryor – retired as non-Executive Director effective 31st December 2019;
3. Dr. Kobina Quansah – retired as non-Executive Director effective 31st December 2019.
Issued in Accra, this 9 th day of January, 2020
This is to announce that due to the delisting of Ayrton Drug Manufacturing Limited (AYRTN) and Starwin Products Limited (SPL) and subsequent listing of Dannex Ayrton Starwin Plc (DASPHARMA) as a result of the merger of the three companies. Trading in the shares of AYRTN and SPL will be suspended from Thursday January 9, 2020 until they are delisted on Wednesday January 15,
2020.
Please find attached the press release announcing the merger as well as the timetable of events leading to the delisting of AYRTN and SPL and listing of DASPHARMA.
Issued in Accra, this 8 th day of January, 2020