The Gambia’s Trust Bank Delists From Ghana Stock Exchange

The Gambia’s Trust Bank

Accra, Ghana, 25 September 2026 – Trust Bank PLC (TBPLC) announced that its ordinary shares would be delisted from the Ghana Stock Exchange (GSE) effective Friday, 25 September 2026.

 

The delisting follows the tender offer by Solo Dabo Company Limited (the Sponsor) to acquire the TBPLC shares held on the Ghana share register at GHS 1.20 per share (the Offer), made under the Tender Offer Circular dated 11 August 2026 (the Circular).

The Offer closed on 11 September 2026, and settlement has been completed with all Qualifying Shareholders who tendered their shares.

At the close of the Offer, Qualifying Shareholders tendered 3,510,021 shares, representing 47.89% of the 7,328,773 ordinary shares held on the Ghana share register.Trading in TBPLC’s Shares Following Delisting After 25 September 2026, TBPLC shares will no longer trade on the GSE.

The Ghana share register will remain open for a three-month transitional period, after which the holdings will be transferred to TBPLC’s principal share register in The Gambia.

Shareholders who wish to trade their shares during this period should contact the Registrar or Sponsoring Broker for assistance.

Instructively, Trust Bank PLC is a leading commercial bank in The Gambia, offering a wide range of banking products and services to both retail and business customers.

Founded in 1997, the bank acquired the assets and liabilities of the defunct Meridian Biao (Gambia) Bank.

Today, Trust Bank (Gambia) is one of the largest commercial banks in The Gambia by asset size and branch network.

The Social Security and Housing Finance Corporation (SSHFC) of The Gambia is its major shareholder.

African Eye Report

Leave a Reply

*