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Notice on Initial Public Offer (IPO) and Rights Issues, 2006 πŸ‡¬πŸ‡­

Ghana

Guidelines sec-ipo

Notice on Initial Public Offer (IPO) and Rights Issues, 2006

  • Commenced on 2 August 2006
  • [This is the version of this document from 2 August 2006.]

NOTICE ON INITIAL PUBLIC OFFER (IPO) AND RIGHTS ISSUES

The following guidelines are provided to aid the process of issuing securities to the public.INITIAL PUBLIC OFFER (IPO) AND RIGHTS ISSUES

A. PUBLIC OFFERS

In the light of increased issues of securities to the public and recent developments with the flotation of IPOs, it has become necessary for the Commission to provide a guide to the market to streamline the process.In furtherance of the above, the attached guidelines have been developed by SEC. The guidelines are based on the provisions of the Securities and Exchange Regulations 2003, LI 1728 and do not replace the Law and Regulations.The Commission in addition to the provisions set out in Regulation 51 and Schedule 5 Part II A of LI 1728, issues the following notices to guide market participants.β€’Issuers are reminded that…

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