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Buy ADB Shares at GHS 2.65 per share and a minimum of 100 shares; - Period : Wednesday, 23 December 2015 to Thursday, 24 March 2016

ADB IPO

A public offer consisting of the sale of 74,888,369 Existing ADB Shares, an offer for subscription of 75,471,698 New ADB Shares at the Offer Price, and the primary listing of all the 155,451,524 Existing ADB Shares and 75,471,698 New Shares on the Ghana Stock Exchange

The Bank is undertaking this offer and subsequent listing on the GSE to raise additional capital to support the Bank’s expansion plans and have the flexibility to finance future expansion and growth. ADB wishes to open up participation in the Bank and share its success with the investing public and Ghanaians in general. The BoG will also use this avenue to sell its existing stake in the Bank in order to focus on its core responsibility of regulating and monitoring the banking industry

Each application under the Offer must be for a minimum of 100 ADB Shares amounting to GHS 265.00 and in multiples of 10 thereafter.

IC Securities, all licensed stock brokers in Ghana and any other company appointed by ADB, or by IC Securities on behalf of ADB, who will be receiving applications and payments from Qualifying Applicants under the Transaction.

ADB and Standard Chartered Bank Ghana Limited appointed by ADB, or on behalf of ADB, who will be receiving applications and payments from Qualifying Applicants under the Transaction. Full contact details of the receiving banks can be found in Part 10 of this Offer Document


Who can apply