Ghana: Subscriptions for Eti Shares Begin On Aug 25

20 August 2008

Subscriptions for the US$2.5 billion combined Rights Issue and Public Offer of Ecobank Transnational Incorporated (ETI), the holding company of the Ecobank Group, will commence on Monday August 25.

This follows the approval for the registration and listing of the new shares from the regulatory authorities in Nigeria, Ghana and Union Economique et Monetaire Ouest Africaine as well as the holding of the Completion Board Meeting, a requirement of the Nigerian Stock Exchange. ETI is listed on the Ghana Stock Exchange, Nigerian Stock Exchange and on the Bourse Regionale des Valeurs Mobilieres, the regional stock exchange in Abidjan.

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