The Ghana Stock Exchange PR. No. 290 of July 17, 2018 regarding annulment of acquisition of shares in Agricultural Development Bank Limited (ADB) by Bank of Ghana refers.
The Exchange pursuant to Rule 7 and Rule 14 of its Trading and Listing Rules respectively has suspended trading in the shares of ADB for three (3) consecutive business days effective Tuesday, July 17, 2018. The suspension of trading in ADB
shares is necessary to prevent:
(a) disorderly trading in the shares of ADB;
(b) market and/or investor abuse; and
(c) investors taking decisions that may make them worse off than would have been the case if they possess more information or clarity on the matter.
Trading in ADB shares will resume on Friday, July 20, 2018.
Issued in Accra, this 17th day of July, 2018