Update on Validation of Investment Claims for 53 Revoked Fund Management Companies

‘Ensuring Investor Protection’ THE SECURITIES AND EXCHANGE COMMISSION Pursuant to Section 122 (2) of the Securities Industry Act, 2016 (Act 929), the Securities and Exchange Commission (SEC) on 8th November 2019 revoked the licences of 53 Fund Management Companies (“FMCs”). This serves as an update on NOTICE NO. SEC/PN/013/11/2019 issued on 12th November, 2019. The SEC wishes to inform the general public that effective Monday, 18th November, 2019, there will be designated areas at selected branches of Consolidated Bank Ghana Limited (CBG) identified in Appendix A, where authorised agents will receive from clients of the affected FMCs, evidence of investment claims such as investment certificates, account statements, receipts and other relevant documentation as proof of investments with affected fund management companies. Investors are advised to visit the designated areas at the CBG branches with valid ID cards, the evidence of investment claims, and complete the Proof of Investment Forms that will be available at the designated areas. Only authorised agents in the designated areas are to receive documents from investors. No claims are to be submitted to CBG staff. Please note that the working hours for the CBG branches are from 8:30am to 4:30pm, Mondays to Fridays. Investors may send an email to the Agent at revocations@sec.gov.gh or call the following numbers for any clarification: 0302960197 / 8/ 9 0302960208 / 9 /10 0302960023 / 4 0302953518 / 9 BY ORDER OF SECURITIES AND EXCHANGE COMMISSION DATED THE 15TH NOVEMBER, 2019 UPDATE ON PUBLIC NOTICE ON VALIDATION OF INVESTMENT CLAIMS WITH THE 53 FUND MANAGEMENT COMPANIES WHOSE LICENCES HAVE BEEN REVOKED NOTICE NO. SEC/PN/014/11/2019

APPENDIX A: UPDATED DESIGNATED CBG BRANCHES FOR CLAIMS SUBMISSION NAME OF FUND MANAGER FMC BRANCH CBG BRANCH 1 All Time Capital Limited Dzorwulu, Accra South Legon 2 Alpha Cap Securities Limited Adabraka, Accra Korle Dudor Tarkwa Tarkwa 3 Apex Capital Partners Limited East Legon, Accra Atomic Junction 4 Axe Capital Advisors Limited Amasaman, Accra Pokuase Dunkwa-on-Offin Dunkwa Sefwi Wiaso Asawinso Tarkwa Tarkwa 5 Beige Capital Limited East Legon, Accra Atomic Junction 6 Blackshield Capital Management Limited (formerly Gold Coast Fund Management Limited) Accra office (Regency) Kokomlemle Airport Residential Area, Accra South Legon Asylum Down, Accra Kokomlemle Bolgatanga Commercial Road Cape Coast University of Cape Coast Castle Road, Accra Labone Harbour Road, Tema Community 2 Ho Ho Hohoe Ho KNUST KNUST Koforidua Koforidua Kumasi - Adum Adum Mankessim University of Cape Coast Obuasi Dunkwa Sunyani Sunyani Main Takoradi - Main (SSNIT) Market Circle Tamale Tamale Main Tarkwa Tarkwa Tema Meridian Wa Wa 7 Brooks Asset Management Limited Asokwa, Kumasi Asokwa East Legon, Accra Atomic Junction Takoradi Market Circle 8 Cambridge Capital Advisors Limited Airport West, Accra South Legon 9 Canal Capital Limited Cantonments, Accra Labone 10 Corporate Hills Investment Limited Madina, Accra Ashalley Botwe 11 Dowjays Investment Limited Tesano, Accra Tesano 12 EM Capital Limited Airport Residential, Accra South Legon 13 Energy Investments Limited Spintex Road, Accra East Airport

NAME OF FUND MANAGER FMC BRANCH CBG BRANCH 14 FirstBanc Financial Service Limited Accra (World Trade Centre) Kokomlemle Adum, Kumasi Adum Airport Residential Area, Accra South Legon Tema Meridian 15 Fromfrom Capital Limited Tesano, Accra Tesano 16 Frontline Capital Advisors Limited Kumasi Suame Maakro Obuasi Dunkwa Osu, Accra Labone 17 Galaxy Capital Limited Labadi, Accra Labone 18 Global Investment & Financial Services Limited Kumasi Asafo 19 Gold Rock Capital Management Limited Santaasi, Kumasi Suame Maakro 20 Goldstreet Fund Management Limited Adum, Kumasi Harper Road 21 Heritage Securities Limited (formerly Future PIP Asset Management Limited) East Legon, Accra Atomic Junction Ho Ho 22 Ideal Capital Partners Limited East Legon, Accra Atomic Junction 23 Integrity Fund Management Limited Adum, Kumasi Adum 24 Intermarket Asset Management Limited (formerly CDH Asset Management Limited) Ridge, Accra Kokomlemle 25 Kripa Capital Limited Haatso, Accra Atomic Junction 26 Kron Capital Limited Airport Residential Area, Accra South Legon 27 Legacy Financial Services Limited Kumasi Harper Road Obuasi Dunkwa Osu, Accra Labone Takoradi Market Circle Tamale Tamale Main Tarkwa Tarkwa 28 Liberty Asset Management Limited Kumasi Harper Raod Obuasi Dunkwa Osu, Accra Labone Takoradi Market Circle Tarkwa Tarkwa Tema Meridian 29 LifeLine Asset Management Limited Tesano, Accra Tesano 30 Mak Asset Management, Limited Madina, Accra Ashalley Botwe 31 Man Capital Partners Limited East Legon, Accra Atomic Junction Ho Ho Kumasi Harper Road Tamale Tamale Main

NAME OF FUND MANAGER FMC BRANCH CBG BRANCH 32 McOttley Capital Limited Alajo, Accra Tesano Kumasi Suame Maakro Obuasi Dunkwa Takoradi Market Circle Tamale Tamale Main Tarkwa Tarkwa 33 MEC-Ellis Investments Limited Osu, Accra Labone 34 Monarch Capital Limited Abelenkpe, Accra Tesano 35 Mutual Integrity Asset Management Limited Abeka, Accra Tesano Tarkwa Tarkwa 36 Nesst Capital Limited Airport, Accra South Legon 37 Nickel Keynesbury Limited East Legon, Accra Atomic Junction 38 Nordea Capital Limited Roman Ridge, Accra Kokomlemle 39 Omega Capital Limited Kanda Estates, Accra Kokomlemle 40 Procap Finance Company Limited Dome Pillar 2, Accra Apenkwa 41 QFS Securities Limited Community 11, Tema Meridian Kumasi Asafo 42 SGL Royal Kapita Limited East Legon, Accra Atomic Junction 43 Sirius Capital Limited Airport Residential Area, Accra South Legon 44 Standard Securities Limited (formerly ASN Investments Limited) East Legon, Accra Atomic Junction Kumasi Asafo 45 Strategic Hedge Capital Limited Takoradi Market Circle 46 Supreme Trust Capital Limited Sakumono Road, Accra East Airport 47 Tikowrie Capital Limited Airport Residential Area, Accra South Legon 48 Ultimate Trust Fund Management Limited Lashibi, Accra Meridian 49 UniSecurities Limited Kanda, Accra Kokomlemle 50 Universal Capital Management Limited Adabraka, Accra Korle Dudor 51 Utrak Capital Management Limited Asokwa, Kumasi Asokwa New Town, Accra Kokomlemle 52 Wealth Vision Financial Services Limited Tema Community 2 53 Weston Capital Limited West Legon, Accra Atomic Junction

APPENDIX B: VALIDATION PROCESS

1. Visit the assigned CBG branch with evidence of your investments and a valid ID card. (Only Passports, Voters IDs, SSNIT cards or Drivers Licences will be accepted)
2. Ask for the designated area and locate the SEC agent.
3. Follow instructions given by the agent to lodge your claims
4. Information submitted will be subsequently verified. Investors will be sent updates via SMS.