The Securities and Exchange Commission (SEC) has frozen all activities covering the initial public offering (IPO) of the Agricultural Development Bank (ADB). The regulator took the action after it received a petition from the bank.
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11-Apr-2025
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The Securities and Exchange Commission (SEC) has commenced investigations into Agricultural Development Bank (ADB)’s Initial Public Offer (IPO).
Ordinary shares of the Agricultural Development Bank (ADB) are expected to be listed on the Ghana Stock Exchange today following a successful Initial Public Offer (IPO).
- Romuald Yonga
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Agricultural Development Bank Ltd. raised 450 million cedis ($119 million), the largest initial public offering in Ghana’s history, last month, according Bloomberg, citing to two people familiar with the deal.
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