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Compiled By: Prince Henry Danquah, Bora Capital Advisors Ltd.
MTN Ghana to Offload GH¢2.83 Million Worth of Shares on the Open Market.
Scancom PLC (MTN Ghana) has announced plans to sell 729,810 shares acquired through a restricted buy-back programme on the open market.
The sale, which is scheduled to begin on August 25, 2025, will be conducted in line with all applicable regulations of the Ghana Stock Exchange (GSE) and the Securities and Exchange Commission (SEC).
The transaction will be executed by IC Securities Ghana Ltd at prevailing market prices. Based on MTN Ghana’s current share price of GH¢3.89, the sale amounts to approximately GH¢2.83 million.
The disclosure, made in compliance with GSE and SEC rules, marks one of the few share sales by a major listed company in recent times.
Source: newsthemegh.com