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.
