Accra, Ghana —Kasapreko PLC, Ghana’s leading homegrown beverage manufacturer, today announced the successful completion of its Initial Public Offer (IPO), having raised GHS700 million through the issuance of 583,333,333 new ordinary shares at GHS 1.20 per share.
The Offer was conducted by Absa Bank Ghana LTD, Consolidated Bank Ghana LTD, and Databank Brokerage LTD acting as the Joint Lead Managers.
The IPO attracted bids from 18,781 qualified applicants totalling approximately 1.44 billion shares — representing subscriptions of GHS 1.73 billion — making the Offer oversubscribed by 146%.
The Board of Kasapreko, which bears sole responsibility for the allotment of shares under the Prospectus, approved a uniform allocation rate of 40.56% applied consistently across all investor categories.
All 18,781 applicants who subscribed to the Offer had their allotted shares credited to their Central Securities Depository (CSD) accounts on the Settlement Date, Friday, 5th June 2026.
Refunds apply exclusively to qualified applicants who deposited their application funds directly with an Application Agent (Broker) and will be processed by the same broker through whom the application was submitted.
Affected applicants should, therefore, contact their Application Agent directly regarding their refunds.
Each refund reflects the difference between the applicant’s subscription amount and the value of the shares allotted to them.
The refunds will be completed by Thursday, 11th June 2026.
Kasapreko PLC’s ordinary shares will be listed and commence trading on the Equities Market of the Ghana Stock Exchange (GSE) on Monday, 15th June 2026, at 10:00 a.m.
The Company’s trading symbol on the GSE will be KASA (ISIN: GHEKCPI00011).
Shareholders and prospective investors may transact in Kasapreko PLC shares through any licensed stockbroker upon commencement of trading.
Commenting on the IPO, Board Chairman of Kasapreko PLC, Mr Samuel Leslie Adetola, said: “The exceptional investor response to Kasapreko’s Initial Public Offer is a testament to the depth of confidence that both local and international investors have placed in this Company and its long-term prospects.
To have attracted nearly GHS 1.73 billion in subscriptions — more than twice the amount we sought to raise — from over 18,000 applicants across all investor categories is a truly historic outcome for Kasapreko and for Ghana’s capital markets.
On behalf of the Board of Directors, I extend our sincere gratitude to every investor who participated in the Offer and entrusted us with their confidence.
As stewards of this institution, the Board is resolute in its commitment to upholding the highest standards of corporate governance, transparency, and accountability in managing the resources entrusted to us. We look forward with great enthusiasm to welcoming our new shareholders as we embark on this exciting new chapter as a publicly listed company.”
On his part, Managing Director of Kasapreko PLC, Richard Adjei, added: “Today marks a defining milestone in the journey of a company that was built in Ghana, for Ghana, and is now ready to make its mark on a much larger stage.
The overwhelming success of this IPO reflects not only the strength of our brand and the resilience of our business model, but also the trust that investors — both Ghanaian and international — have placed in our team and our vision.
We have built Kasapreko into a GHS 3.5 billion revenue business over the past several years through disciplined execution, product innovation, and a relentless drive to better serve our consumers”.
He assured that the capital raised through this Offer would accelerate their growth agenda — including expanding their production capacity and scaling their international business — enabling them to deliver sustainable, long-term value to their shareholders.
Mr Adjei said, “To the 18,781 investors who chose to be part of this journey: thank you. We will not take that confidence for granted. I look forward to demonstrating why investing in Kasapreko is investing in the best of Ghana.”
Instructively, Kasapreko PLC is a Ghanaian multinational beverage company that produces a wide range of alcoholic and non-alcoholic drinks.
Established in 1989, Kasapreko is known for its flagship product, Alomo Bitters, a herbal alcoholic drink. Over the years, Kasapreko has expanded its portfolio to include additional beverage products, including whiskey, gin, wine, soft drinks, and drinking water.
The Company uses modern manufacturing techniques to create high-quality products. It has further integrated its operations within the beverage industry’s value chain to offer business-to-business products and services, achieving significant market presence locally and internationally.
