ETI has released the attached announcement for the information of the general investing public.
Issued at Accra, this 1st day of July, 2020.
CAL has released the attached announcement for the information of the general investing public.
Issued in Accra, this 1st day of July, 2020.
TLW has released the attached announcement for the information of the general investing public.
Issued in Accra, this 30th day of June, 2020
TLW has released the attached announcement for the information of the general investing public.
Issued in Accra, this 30th day of June, 2020
RBGH announces for the information of the general investing public that, the Company’s 29th Annual General Meeting will be held virtually and streamed live to all Shareholders from the Accra City Hotel, Barns Road, Accra on Thursday, 23rd July 2020 at 14:30 (2:30 pm).
The Notice and the details for the Meeting is as per the attached.
Issued in Accra, this 29th day of June, 2020.
MTNGH has released the attached announcement for the information of the general investing public.
Issued in Accra, this 26th day of June, 2020.
TOTAL announces for the information of the general investing public that, its 44th Annual General Meeting will be held Virtually and streamed live by video link from the Head office of Total Petroleum Ghana Limited on Wednesday,15th July, 2020 at 11:00am.
The Notice of the Meeting is as per the attached.
IIL has released the attached announcement for the information of the general investing public.
Issued in Accra, this 22nd day of June, 2020
Final Dividend
IIL announces 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¢0.0044 per share for the 2019 financial year.
Qualifying date
All shareholders registered in the books of IIL at the close of business on Friday, 10 th July,
2020 will qualify for the final dividend.
Closure of Register
The Register of shareholders will be closed from Monday, 13th July, 2020 to Tuesday, 14th July, 2020 (both dates inclusive).
Ex-Dividend Date
In view of the foregoing, the ex-dividend date has been set as Wednesday, 8 th July, 2020.
Consequently, an investor purchasing IIL shares before this date will be entitled to the final dividend. However, an investor buying IIL shares on or after Wednesday, 8 th July, 2020 will not be entitled to the final dividend.
Dividend Payment Date
The final dividend will be paid on Monday, 17th August, 2020.
Issued in Accra, this 22nd day of June, 2020.
AGA has released the attached announcement for the information of the general investing public.
Issued in Accra, this 19th day of June, 2020
TLW has released the attached announcement for the information of the general investing public.
Issued in Accra, this 18th day of June, 2020.
The Ghana Stock Exchange (GSE) has expelled Liberty Securities Limited and First Atlantic Brokerage Limited from membership of the Exchange.
Their expulsion means that they cease to be Licenced Dealing Members (LDM) of the Exchange and are also precluded from:
a. executing trades on the market;
b. providing advisory services to clients on capital market issues; and
c. holding in lien or in trust clients’ accounts or their security holdings.
The decision of the Exchange to expel the membership of LSL and FABL is in view of their violation of the following market rules:
First Atlantic Brokerage Limited:
a. Operating without an Authorised Dealing Officer for more than three months, contrary to Rule 6(j) of the GSE Dealing Membership Rules;
b. Low liquidity position – the financial status of the company shows a significant deterioration in its operations, resulting in successive negative returns which have eroded shareholders’ funds.
Rule 78 of the GSE Dealing Membership Rules requires a member of the Exchange to comply with the prevailing requirements of the Securities and Exchange Commission in respect of capital, liquidity, reports and returns. FABL is in breach of regulation 22 of the SEC Regulations, 2003 (L.I. 1728), which requires a Broker-Dealer to maintain
at any given time, minimum liquid fund amounting to at least 20% of the aggregate indebtedness of the Broker-Dealer; and
c. Inactivity on the market due to the lack of an ADO to execute trades.
Liberty Securities Limited:
a. Operating without an Authorised Dealing Officer for more than three months, contrary to Rule 6(j) of the GSE Dealing Membership Rules;
b. Low net shareholders’ fund balance and low liquidity position; and
c. Inactivity on the market due to the lack of an ADO to execute trades.
The Exchange assures all existing clients of LSL and FABL that there are procedures for existing clients registered with both LDMs to transfer their security accounts and security holdings to any LDM of their choice. A help desk or a correspondence officer will be communicated by each LDM to respond to clients’ issues.
Issued at Accra, this 18 th Day of June 2020.
EGL announces for the information of the general investing public that, the Annual General Meeting will be held VIRTUALLY and streamed live from the Company’s Head Office at Advantage Place, Mayor Road, Ridge West, Accra on Tuesday, 7th July 2020 at 10:00am. The Notice and the details for the Meeting is as per the attached.
Issued in Accra, this 12th day of June, 2020
EGL announces for the information of the general investing public that, the Annual General Meeting will be held VIRTUALLY and streamed live from the Company’s Head Office at Advantage Place, Mayor Road, Ridge West, Accra on Tuesday, 7th July 2020 at 10:30am. The Notice and the details for the Meeting is as per the attached.
Issued in Accra, this 12th day of June, 2020
SOGEGH announces for the information of the general investing public that, the 40th Annual General Meeting will be held VIRTUALLY and streamed live on https://sgghanaagm.com from the Head Office on Monday, 20th July 2020 at 11:00am. The Notice of the Meeting is as per the attached.
Issued in Accra, this 12th day of June, 2020.
FML has released the attached announcement for the information of the general investing public.
Issued in Accra, this 12th day of June, 2020.
AGA has released its Market Update report for the quarter ended 31 March 2020 as per the attached.
Issued in Accra, this 11th day of June, 2020
AGA has released the attached announcement for the information of the general investing public.
Issued in Accra, this 8th day of June, 2020.
ETI announces for the information of the general investing public that, the Company’s Annual General Meeting and an Extraordinary General Meeting will be held at Eko Hotels & Suites, Adetokunbo Ademola Street, Victoria Island, Lagos, Nigeria on Tuesday, 30th June 2020 at 10.30am to transact the following business.
I – Annual General Meeting
1. Approval of the accounts.
2. Appropriation of the profits
3. Election of Directors.
4. Ratification of the co-option of Directors.
5. Renewal of the appointment of the joint auditors.
6. Approval of the Final Board Fees for Retiring Directors.
II – Extraordinary General Meeting.
1. Withdrawal of resolution on consolidation of shares.
2. Amendment of the Articles.
Please find the attached notice of the meeting.
Issued at Accra, this 8th day of June, 2020.
MTNGH has released the attached announcement for the information of the general investing public.
Issued in Accra, this 8th day of June, 2020
TLW has released the attached announcement for the information of the general investing public.
Issued in Accra, this 22nd day of April, 2020
TLW has released the attached announcement for the information of the general investing public.
Issued in Accra, this 1st day of June, 2020.
AGA has released the attached announcement for the information of the general investing public.
Issued in Accra, this 27th day of May, 2020
The Ghana Stock Exchange has, with the approval of the Securities and Exchange Commission, amended its rules on
price movement. The amended rules are stated in Rule 30 of the newly approved Trading Rules and replaces Rule 22 of the GSE Automated Trading System (GATS) Rules. The objective of the amendment is to enhance stock price discovery and a fair market pricing.
Rule 30 (Price Movement) of newly approved trading rules states that:
(1) For a security whose price is GH¢0.10 or above, the price change on a trading day shall not exceed plus or minus ten percent (10%) of the previous day’s closing price for the security.
(2) For a security whose price is GH¢10.00 and above, the price may only change with a minimum volume of 500 shares.
(3) For a security whose price is below GH¢10.00, but greater than or equal to GH¢1.00, the price may only change with a minimum volume of 1000 shares.
(4) For a security whose price is less than GH¢1.00, the price may only change with a minimum volume of 2000 shares.
(5) Notwithstanding Rule 30(4) above, the price change on a trading day for a security whose price is below GH¢0.10
shall not exceed the previous day’s closing price of the security by “a tick” of GH¢0.01.
(6) This Rule 30 shall not apply to Negotiated Trades.
The Exchange has directed all Licensed Dealing Members to, with effect from June 15, 2020, apply the following to
trades:
1. Only orders equal or above the designated threshold for each group as stipulated in Rule 30 can change price
within the price band of +/- 10% of the previous day’s price or VWAP; and
2. Order volumes below the designated threshold in each group are to be priced at the current market price of that
security.
Issued in Accra, this 29th day of May, 2020
Final Dividend
CAL announces that the Directors of the bank have decided to recommend to the shareholders a final dividend of GH¢0.089 per share in respect of its financial year ended December 31, 2019. This is subject to shareholders approval at the bank’s Virtual Annual General Meeting.
The final dividend for 2018 was GH¢0.048 per share.
Qualifying date
All shareholders registered in the books of CAL at the close of business on Friday, 19th June, 2020 will qualify for the final dividend.
Closure of Register
The Register of shareholders will be closed on Monday, 22nd June, 2020.
Ex-Dividend Date
In view of the foregoing, the ex-dividend date has been set as Wednesday, 17th June, 2020. Consequently, an investor purchasing CAL shares before this date will be entitled to the final dividend. However, an investor buying CAL shares on or after Wednesday, 17th June, 2020 will not be entitled to the final dividend.
Dividend Payment Date
The final dividend will be paid on Wednesday, 8th July, 2020.
Issued in Accra, this 29th day of May, 2020.
CAL has released the attached announcement for the information of the general investing public.
Issued in Accra, this 29th day of May, 2020
UNIL announces the appointment of Mr Priyadharshana Ekanayake as the Finance Director of the company effective June 1, 2020.
Attached is the profile of Mr Priyadharshana Ekanayake.
IIL announces the resignation of Mr. David Klutse as the Managing Director of the company effective 15th May 2020.
The company also announces the appointment of Mr. Moukhtar Soalihu the Head of Finance as the Acting Managing Director.
Issued in Accra, this 26th day of May, 2020
AGA has released the attached announcement for the information of the general investing public.
Issued in Accra, this 26th day of May, 2020
CAL has released the attached announcement for the information of the general investing public.
Issued in Accra, this 26th day of May, 2020