Hearts raise 2,554,726 GHC from IPO

Accra, Oct. 31, GNA – Accra Hearts of Oak Sporting Club Limited has so far raised 2,554,726 GHC from its Initial Public Offer (IPO) shares which it opened recently.

A statement issued and signed by Emmanuel Martey Commodore-Mensah, Board Chairman of Hearts in a press release copied to GNA Sports on Monday said the amount was raised by 35 individuals and organizations.

According to the statement, Strategic Africa Securities (SAS) Limited holds the highest share of 39.6% with 2,000,00GHC shares followed by Strategic Initiative Limited with 29.40% from 1,505,190GHC.

Frank Nelson Nwokolo, a Board Member is the third on the list with 7.85 holdings, with 401,785GHC worth of shares, whilst the Chairman of Council of Patrons, Kwabena Ato Ahwoi has holdings of 7.77% with 397,900 GHC number of shares.

Other shareholders are; the Estate of Nana Wereko Ampem II, Kwesi Amisah Arthur, Nii Ayi Bonte II, Emmanuel Martey Commodore Mensah, Fred Crenstil, Francisca Grace Adzroe, Ernest Thompson, Kofi Kumado, Emmanuel Kafui Dzamefe, Philip Kojo Addo Addison, Stephen Bortey Akwetey, Frank Akuley, George Ben Crenstil, Greater Accra Regional Hearts Chapter, Alhassan Andani, Daniel Amuyaw, Gilbert Kennedy Asmah, Christian Odamtten Laryea, Samuel Alarbi Alexandria Amoako Mensah, Machistey Albert Abane and Comfort Obeng.

The rest are Berlinda Amoah, Daniel Sasu Obeng, Helen Naa Maku Obeng, Egbert Kpakpo Bruce, Kojo Gyan Sackey Theophilus Joice Taylor, Ekow Dawson-Amoah and Nathaniel Kaafoamedan.

The statement said certificates would be dispatched to shareholders on November 4, after which over the counter trading in shares would commence for other interested members.

GNA