CAL has announced that in accordance with the Company’s regulations and as approved by shareholders at the Bank’s Annual General Meeting of March 28, 2010, that authorized the Directors to deal in the unsubscribed rights issue shares, the Directors on October 18, 2010 have approved an allocation of 4,800,000 ordinary shares to Kura Africa Fund.
This transaction increases the issued share capital of the Bank to 246,102,978.
Issued at Accra, this 22nd
day of October, 2010