Following the end of the tender offer and successful settlement of all tendering shareholders, PZ Cussons Ghana Limited (PZC) has been delisted from the Ghana Stock Exchange (GSE) effective 19th October, 2020. The offer results and de-listing have been approved by the GSE.
Offer Results
Out of a total of 2,079 shareholders represented in the register, 410 shareholders tendered a total of 8,830,143 shares valued at GHS 3,973,564.35, representing 53.37% of the total number of shares under the offer.
PZ Cussons (Holdings) Limited, the majority shareholder therefore now holds 160,432,149 shares, representing 95.50% of the issued shares of PZ Cussons.
The tendered shares have been transferred to the ownership of PZ Cussons (Holdings) Limited by the Registrar, UMB Registrars.
After the De-Listing
Shareholders should note that once PZ Cussons is de-listed from the Ghana Stock Exchange, the company’s shares will no longer be traded on the GSE. Therefore, shareholders who wish to trade their shares after the de-listing should contact UMB Registrars or IC Securities (Ghana) Limited for assistance.
