Mechanical Lloyd Company (Ghana) – Delisting from Ghana Stock Exchange

By Published On: April 21st, 2021Categories: Corporate announcement

Following the completion of the tender offer and settlement of all shareholders who tendered in their shares, Mechanical Lloyd PLC (“MLC” of the “Company”) wished to announce its delisting from Ghana Stock Exchange (“GSE”) after trading on Friday, 16 April 2021. The delisting has been approved by the GSE.

Results of the Tender Offer 

The Offer was for 16,900,487 ordinary shares at GHS0.10 per share. At the close of the Offer, a total of 165 shareholders tendered in 2,800,065 shares. Settlement (shares and cash) of the tendered shares has occurred.

After the Delisting 

Shareholders should note that when MLC is delisted from the GSE, the Company’s shares will no longer be traded on the GSE. Therefore, shareholders who wish to trade their shares after the delisting should contact UMB Registrars (0302 220952/0302 226112) or Amber Securities Ltd (059 6994756/ 0302 679761) for assistance.

Dated: 14 April 2021

Issued by:
Mechanical Lloyd Plc Mechanical Lloyd Plc                                                                                                                                                               Amber Securities Limited Amber Securities Limited
No. 2 Adjuma Crescent                                                                                                                                                                                                                 2nd Floor, Heritage Tower
Ring Road West                                                                                                                                                                                                                              Cruickshank Rd,
South Industrial Area, Accra                                                                                                                                                                                                       West Ridge, Accra

The contents of the post above were obtained from third parties, which We, AfricanFinancials, believe to be reliable. However, We do not guarantee their accuracy and the above information may be in condensed form. The reader is encouraged to refer to the original source of the information, which, in most cases, is in PDF format and on the originating company's letterhead. While We endeavour to replicate the original content accurately, We cannot guarantee the absence of errors in the above article and We disclaim any liability regarding reliance on information provided in this article.

Mechanical Lloyd Company Limited (MLC.gh)

Share price: 0.09 Cedis (0.00 | 0.00% – 16/04/21)

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