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
-
G20 talks in Rio reach breakthrough on climate finance, sources say
1 hour -
2024/25 Ghana League: Bechem United shock Chelsea in Berekum
3 hours -
GPL 2024/25: Nations FC beat Asante Kotoko to go top
3 hours -
GPL 2024/2025: Gold Stars drop to 2nd after 2-0 defeat to Medeama
3 hours -
#GPL 2024/25: Hearts pip Karela in Tamale to move into top 4
3 hours -
Feedback from Klopp, others more valuable than just anybody – Otto Addo to critics
3 hours -
Support us if you want to qualify for the World Cup – Otto Addo to Ghanaians
3 hours -
Defective ballot papers for Ahafo and Volta Regions destroyed by EC
3 hours -
Election 2024: Be fair and transparent – Togbe Afede to EC
4 hours -
AFCON 2025Q: Poor home form cost us – Otto Addo
4 hours -
Togbe Afede criticises recent Supreme Court rulings as uninspiring and illogical
4 hours -
GPL 2024/2025: Accra Lions remain bottom after draw against Kpando
4 hours -
NDC condemns Dela Edem’s ‘unsavoury and distasteful’ comments about kufuor; issues public apology
4 hours -
‘Let them burn the sea; don’t return if Parliament is recalled’ – Asiedu Nketiah to NDC MPs
4 hours -
Bawumia’s commitment to excellence will ensure Ghana fulfills its potentials – Prof. Etse Sikanku
4 hours