First Atlantic Bank listed in Ghana after oversubscribed IPO – African Capital Markets News

Ghana’s First Atlantic Bank PLC (FAB) listed for trading on the Ghana Stock Exchange (GSE) on 19 December, after an oversubscribed initial public offering (IPO). The combined offer was for 101.7m ordinary shares at GHS 7.30 each to raise GHS 742 million ($64.6m). Trading in the shares began the first…