Bonus Shares
EBG through its Sponsoring broker, EDC Stockbrokers Ltd, has announced the approval by shareholders of a bonus share issue. One (1) new or additional ordinary share is to be issued to holders for every four (4) existing ordinary shares held.
Qualifying Date
The qualifying date for the bonus shares is Wednesday, April 22, 2009. All persons in the Register of EBG Ltd as at the close of business on Wednesday, April 22, 2009 will receive one (1) new share for every four (4) existing shares held on that date.
Closure of Register
The Register of Shareholders will be closed from Thursday, April 23 – Friday, April 24, 2009 (both dates inclusive).
Ex-Bonus Date
The ex-bonus date is Monday, April 20, 2009. An investor buying EBG shares before this date will be entitled to the bonus shares. Any investor buying EBG shares on or after this date will not be entitled to the bonus shares.
Transfer from Income Surplus
An amount of GH¢4.1 million (four million one hundred thousand Ghana Cedis) is to be transferred from Income Surplus to Stated Capital in respect of the bonus issue.
Electronic (book entry) certification
In line with the Council of the Exchange’s decision not to allow new or additional listings in paper certificates effective 2009, all shareholders of EBG Ltd are advised, as a matter of urgency, to open securities accounts with the GSE Securities Depository (GSD) at the office of any of the Licensed Dealing Members (Stockbrokers) of the Ghana Stock Exchange. This will facilitate the crediting of their bonus shares into their securities account. In opening a securities account, a shareholder is required to have a passport picture and an identification card (Voters ID card or National Health Insurance Card or Passport or Drivers’ Licence).
Shareholders are also advised that at the same time that they open a securities account, they can deposit any share certificate that they hold. In doing so, they should carry along with them the share certificate, or in its absence, the transfer or balance receipt, etc.
Further Information
For further information, contact the Ghana Stock Exchange, the GSE Securities Depository or your Stockbroker.
Issued at Accra, this 9th
day of April, 2009.
