Commission gives Agricultural Development Bank IPO extension

The Agricultural Development Bank Limited has announced that the Securities and Exchange Commission has granted the institution an extension to its Initial Public Offer.

The offer period was supposed to have ended on Friday, February 26, 2016, but as a result of extension, the offer period would now end on 24 March, 2016.

A statement from the adb said shares can be bought at any ADB branch, any Standard Chartered Bank (“SCB”) branch, IC Securities (Ghana) Limited or any Licensed Dealing Member of the Ghana Stock Exchange.

“Further details on the IPO are contained in the offer prospectus which can be obtained from any ADB branch, any SCB branch, IC Securities (Ghana) Limited, any LDM of the GSE or www.adbipo.com.”

The statement said past performance was not necessarily indicative of future performance.
“If you need advice, you should consult a suitable professional advisor”.

Source: GNA