Suspension Of Trading Of ADB Shares Lifted
The Ghana Stock Exchange (GSE) says it has lifted the suspension of trading in the shares of the Agricultural Development Bank (ADB) with immediate effect.
In a press release Thursday, GSE said, “the investing public and all stakeholders are to note the information released in the Press Release numbered 073/2018 and be advised accordingly.”
On Wednesday, GSE suspended trading in the shares of ADB saying “the suspension is to allow the GSE clarify the news on a purported take-over of ADB.
“With reference to section 7 of the GSE Automated Trading Rules (ATS), the Managing Director of the Ghana Stock Exchange (GSE), in consultation with the Chairman of the GSE Council has suspended trading in shares of ADB effective March 7, 2018,” the statement said.
It explained that the investing public would be informed in due course of the outcome of the clarifications.