PR. No. 224/2015 refers. In view of the public holiday falling in between 17th and 20th July, 2015, our PR No. 224/2015 has been amended as follows:
Bonus Shares
Further to the approval by the shareholders of ETI at its Annual General Meeting held on 19th June, 2015, ETI announces a Bonus Issue in the ratio of one (1) new share for every fifteen (15) existing shares held.
Qualifying Date
The qualifying date for the Bonus Issue has been set for Tuesday, July 21, 2015. Only shareholders on the register of members of ETI as at the close of business on Tuesday, July 21, 2015 will be entitled to the bonus shares.
Closure of Register
The Register of Members of ETI will be closed to the general public from Wednesday, July 22, 2015 to Monday, July 27, 2015 (both dates inclusive).
Ex-Bonus Date
Consequently for the purposes of trading on the Exchange, the ex-bonus date will be Thursday, July 16, 2015. This means that investors buying ETI shares on or after Thursday, July 16, 2015 will not be entitled to the bonus shares. Those buying before this date will be entitled to the bonus shares.
Electronic (book entry) Certification
In line with the Exchange’s requirement, paper certificates will not be issued in respect of the bonus shares for those in Ghana. Investors who have their shares in the Central Securities Depository (CSD) will be automatically credited with the bonus shares due them on the application date. Paper certificates holders or investors who have not as yet put their ETI shares in the CSD are advised to visit any of the brokerage houses and use their certificates as well as the allotment letter for the bonus shares to deposit all existing and new (bonus) shares in a Depository account.
Price
A reference price (reflecting the bonus issue) for ETI Shares shall be set by the Exchange on Thursday, July 16, 2015.
Issued at Accra, this 13th
day of July, 2015.