Enterprise Group announce changes to rights issue timetable

Ghana's Securities and Exchange Commission (SEC) has approved changes to the timetable of the rights offer of Enterprise Group Limited (EGL: GSE). EGL is planning to raise GHS219.72 million via the issuance of additional 36.62 million shares.

The offer period for the right issue remains the same and it is expected to close tomorrow Wednesday March 28, 2018. The changes mainly affect the activities that follow the end of the offer, from allotment to listing on the Ghana Stock Exchange (GSE).

The timetable has been shifted by a week. For instance of the end of allotment has been shifted from April 03, to April 10, 2018 while listing of additional shares for trading on the GSE has been shifted from April 13 to April 20, 2018. See the new timetable below.


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