Regulatory Alerts2017-09-14
Notice of Compulsory Delisting of UT Bank Limited
The Ghana Stock Exchange issued a press release announcing the compulsory delisting of UT Bank Limited from its Official List, effective September 14, 2017. This action was taken by the GSE Council following the revocation of the bank's operating license by the Bank of Ghana on August 14, 2017. The delisting is mandated under Listing Rule 13(4)(a) because the license revocation signifies that UT Bank has ceased to be an operating company.
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