Mechanical Lloyd has announced its delisting from the Ghana Stock Exchange, effective Friday 16th April, 2021.
Already, 165 shareholders have tendered in a total of 2.8 million ordinary shares. To this end, a settlement to all applicants was concluded on 8th April 2021 per the offer timetable.
GH3,920 has also been transferred to the Universal Merchant Bank account as total regulatory levies payable.
The company offered to purchase the outstanding shares at 10 pesewas per share, representing a premium of 11.1%.
Shareholders of the automobile approved the delisting of the company from the Ghana Stock Exchange in October last year.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
A night of celebration at the 2024 Beaujolais Nouveau and CCIFG 10th anniversary
6 minutes -
Raw noise 2024 – Detty Rave continues its unmatched energy this December in Accra
14 minutes -
EC in yet another cybersecurity mess: Your private information exposed to the world
20 minutes -
Musk in talks over Reform UK donation, says Farage
52 minutes -
Honda and Nissan hold merger talks
1 hour -
The city where shopkeepers fear their CCTV cameras could get them killed
1 hour -
Bawumia to grace Parliament’s Festival of Nine Lessons and Carols
2 hours -
UK removes nearly 13,500 migrants since election
2 hours -
Fourteen dead as Vanuatu searches for earthquake survivors
2 hours -
Petrosol’s Energising Dreams Promo: 14 more lucky customers win big in second draw
2 hours -
Gisèle Pelicot: How an ordinary woman shook attitudes to rape in France
3 hours -
Apple accused of using conflict minerals
3 hours -
President-elect Mahama plans to reform cocoa sector, restructure regulator
3 hours -
Kenyan man sentenced to 50 years in jail for killing LGBTQ activist
3 hours -
US singer Chloe Bailey, Burna Boy spotted in Lagos; spark dating rumours
5 hours