Accra, March 7, 2018//-The Managing Director of the Ghana Stock Exchange (GSE), Kofi Yamoah in consultation with the Chairman of the GSE Council has suspended trading in the shares of Agricultural Development Bank (ADB) effective March 7, 2018.
This is to allow GSE clarify news on the purported takeover of ADB by uniBank Ghana Limited, an indigenous bank, according to a press release.
“The investing public will be duly informed about the outcome and resumption of trading in ADB shares”, it said.
The press release was issued today by the GSE and distributed to Central Securities Depository, Securities and Exchange Commission, GSE Council Members, GSE Notice Board, among others.
Meanwhile, Bank of Ghana (BoG) will later Wednesday (today) denounce the purported takeover of ADB Bank by uniBank Ghana Limited, as null and void.
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