Accra Hearts of Oak raises GH¢2.5m from IPO

Accra Hearts of Oak Sporting Club Limited has so far raised GH¢2,554,726 from its Initial Public Offer (IPO) shares which it opened recently.

A statement issued and signed by Emmanuel Martey Commodore-Mensah, Board Chairman of Hearts in a press release copied to GNA Sports on Monday said the amount was raised by 35 individuals and organizations.

According to the statement, Strategic Africa Securities (SAS) Limited holds the highest share of 39.6% with GH¢2,000,000 shares followed by Strategic Initiative Limited with 29.40% from GH¢1,505,190.

Frank Nelson Nwokolo, a Board Member is the third on the list with 7.85 holdings, with GH¢401,785 worth of shares, whilst the Chairman of Council of Patrons, Kwabena Ato Ahwoi has holdings of 7.77% with GH¢397,900 number of shares.

Other shareholders are; the Estate of Nana Wereko Ampem II, Kwesi Amisah Arthur, Nii Ayi Bonte II, Emmanuel Martey Commodore Mensah, Fred Crenstil, Francisca Grace Adzroe, Ernest Thompson, Kofi Kumado, Emmanuel Kafui Dzamefe, Philip Kojo Addo Addison, Stephen Bortey Akwetey, Frank Akuley, George Ben Crenstil, Greater Accra Regional Hearts Chapter, Alhassan Andani, Daniel Amuyaw, Gilbert Kennedy Asmah, Christian Odamtten Laryea, Samuel Alarbi Alexandria Amoako Mensah, Machistey Albert Abane and Comfort Obeng.

The rest are Berlinda Amoah, Daniel Sasu Obeng, Helen Naa Maku Obeng, Egbert Kpakpo Bruce, Kojo Gyan Sackey Theophilus Joice Taylor, Ekow Dawson-Amoah and Nathaniel Kaafoamedan.

The statement said certificates would be dispatched to shareholders on November 4, after which over the counter trading in shares would commence for other interested members.

Source: GNA

1 Comment
  1. adjei joseph adjetey says

    this is my 2nd mail to you informing you that my ADJEI JOSEPH ADJETEY is not included in the list of share holders despite buying my share at the KANESHIE BRANCH OF BARCLAYS BANK.pls do check and rectify the anomaly.

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