Audio By Carbonatix
KOSMOS Energy has begun moves to firm up plans to list on the Ghana Stock Exchange.
Joy Business has learnt two senior executives from the US were in town this week to evaluate options on their listing.
The company earlier this year disclosed in its prospectus for its Initial Public Offering filed with US Securities and Exchange Commission it would list on the Ghanaian bourse when it completes the process in the US.
The company’s Treasurer and Head of capital markets took time to engage a number of brokerage firms who they may want to work with on their listing as well as officials of the Ghana Stock Exchange.
Shares of KOSMOS opened on New York Stock Exchange earlier this year at 18 dollars 24 cents and the company has indicated that it would spend nearly 400 million dollars on the Jubilee and Tano blocks this year.
Fellow partner and Jubilee operator, Tullow Oil just this week announced that it will launch its IPO for the Ghanaian bourse on the 13th of June.
It is expected to begin trading in July.
Source: Joy Business/Ghana
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Kwadaso MCE warns against indiscriminately waste dumping
5 minutes -
Gov’t anti-scam efforts bearing fruit, says Cybersecurity expert
12 minutes -
Africa’s moment, if we get reading right
41 minutes -
Free Cataract surgery brings new hope to over 500 residents in Ejura
47 minutes -
We are all shocked and surprised at the quick turnaround of Ghana’s economy – Mahama
49 minutes -
Rosemond Obeng defends NDC Hajj subsidy, questions Bawumia’s Israel travel claims
54 minutes -
Bawumia promises recognition, welfare reforms for NPP grassroots
1 hour -
Conduct annual fit and proper tests for all board members, managers – BoG to financial institutions
1 hour -
World to applaud Ghana’s economic progress by end of 2026 – Mahama
1 hour -
Ghana offers strong protection for investors – GIPC CEO
1 hour -
PHOTO STORY: Vendors steal the spotlight as Joy at the mall climaxes at Achimota retail centre
1 hour -
Ghana’s economic turnaround faster than expected – Mahama
2 hours -
Volta Regional health directorate launches probe as driver arrested over suspected narcotic substances
2 hours -
T-bills auction: Government exceeds target by 61%, but interest rates hit 13.06%
2 hours -
Industrial ownership is key to Africa’s economic freedom – President Mahama to African Leaders
2 hours
