Friday, May 15, 2015

Details of Mandatory Offer to shareholders of HFC

Republic Bank received acceptances of a total of 51,286,733 ordinary shares in HFC Bank representing 17.25% of the total shareholding of HFC Bank.
As at 23rd March 2015, the date of submission by Republic Bank of the Offer Document to HFC Bank, Republic Bank held a total of 118,544,368 ordinary shares.   No shares were acquired by Republic Bank during the Offer Period. 
Republic Bank Limited now holds 169,831,101 ordinary shares representing 57.11% of the issued shares of HFC Bank (Ghana) Limited.


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