Pursuant to the requirements of the Code on Takeovers and Mergers, Republic Bank Limited (“Republic Bank”) announces that it has increased the offer price pursuant to its previously announced mandatory tender offer to all shareholders of HFC Bank (Ghana) Limited for ordinary shares (the “Offer”) to GHS 1.95 per share from GHS 1.60 per share.
Issued in Accra, this 23rd day of April, 2015