{"id":469528,"date":"2011-07-28T07:49:47","date_gmt":"2011-07-28T07:49:47","guid":{"rendered":"http:\/\/www.ghanamma.net\/2011\/07\/28\/tullow-plc-starts-trading-on-ghana-stock-exchange\/"},"modified":"2011-07-28T07:49:47","modified_gmt":"2011-07-28T07:49:47","slug":"tullow-plc-starts-trading-on-ghana-stock-exchange","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2011\/07\/28\/tullow-plc-starts-trading-on-ghana-stock-exchange\/","title":{"rendered":"Tullow Plc starts trading on Ghana Stock Exchange"},"content":{"rendered":"<div readability=\"86.4989716166\">\n<p>You Are Here: <a href=\"http:\/\/www.ghanabusinessnews.com\">Home<\/a> \u00bb <a href=\"http:\/\/www.ghanabusinessnews.com\/category\/investment\/\" title=\"View all posts in Investment\" rel=\"category tag\">Investment<\/a> \u00bb Tullow Plc starts trading on Ghana Stock Exchange<\/p>\n<div>\n<p><span>Page last updated at Thursday, July 28, 2011 7:07 AM \/\/ <\/span><\/div>\n<p><a href=\"http:\/\/www.ghanabusinessnews.com\/wp-content\/uploads\/2009\/04\/gse.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-10380\" title=\"gse\" src=\"http:\/\/www.ghanabusinessnews.com\/wp-content\/uploads\/2009\/04\/gse.jpg\" alt=\"\" width=\"248\" height=\"210\" \/><\/a>Tullow Oil Plc on Tuesday listed its shares on the Ghana Stock Exchange becoming the most capitalized equity on the bourse.<\/p>\n<p>Tullow, which is trading under the symbol TLW, listed 903.8 million shares with a market capitalisation of approximately GH\u00a228.18 billion.<\/p>\n<p>The listing more than doubles the entire market capitalisation of the Ghana Stock Exchange and makes it one of the largest Stock Exchanges in sub-Saharan Africa, outside of South Africa and Nigeria.<\/p>\n<p>Speaking at a short ceremony to list the shares, Mr Kofi Yamoah, Managing Director of the Exchange said the listing of Tullow would bring visibility to the country and adds the attraction of the bourse.<\/p>\n<p>\u201cIt will significantly add to the attraction of our stock market and by extension Ghana, to both local and Non Resident investors around the globe,\u201d he said.<\/p>\n<p>According to him, the listing was a major and positive social responsibility signal that Tullow was sending to the rest of companies doing business in Ghana and called on other corporate entities to take a cue from Tullow\u2019s achievement and sense of social responsibility.<\/p>\n<p>Mr Yamoah said the transaction would also help to raise the professional capacity of the market operators as they would have to continuously provide information to the market and Ghana non-resident investors.<\/p>\n<p>He said the Exchange was very much poised to address the supply side and the liquidity difficulties in order to position the exchange for pension and other funds to flow through the market to entities that were safe and provided reasonable returns.<\/p>\n<p>Mr Ian Springett, Chief Financial Officer Tullow Plc, said the secondary listing of Tullow shares would give Ghanaian investors, the opportunity to invest in the company\u2019s operations across Africa and also in the UK, in Europe, Asia and South America.<\/p>\n<p>He said Ghana was at the heart of Tullow\u2019s investment decisions underpinning its presence in Africa and the wider business.<\/p>\n<p>\u201cBut the speed of the jubilee project and our ability to list on this exchange is only possible because of the business climate that Ghana has engendered and the \u2018can do\u2019 attitude of the Ghanaians,\u201d he added.<\/p>\n<p>Tullow shares ended the session up 0.08 cedis to 31.08 cedis.<\/p>\n<p>Source: GNA<\/p>\n<h4>Comments<\/h4>\n<\/div>\n<p>Read more here:<br \/>\n<a target=\"_blank\" href=\"http:\/\/www.ghanabusinessnews.com\/2011\/07\/28\/tullow-plc-starts-trading-on-ghana-stock-exchange\/\" title=\"Tullow Plc starts trading on Ghana Stock Exchange\" rel=\"noopener noreferrer\">Tullow Plc starts trading on Ghana Stock Exchange<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p> You Are Here: Home \u00bb Investment \u00bb Tullow Plc starts trading on Ghana Stock Exchange Page last updated at Thursday, July 28, 2011 7:07 AM \/\/ Tullow Oil Plc on Tuesday listed its shares on the Ghana Stock Exchange becoming the most capitalized equity on the bourse. Tullow, which is trading under the symbol TLW, listed 903.8 million shares with a market capitalisation of approximately GH\u00a228.18 billion. <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-469528","post","type-post","status-publish","format-standard"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Tullow Plc starts trading on Ghana Stock Exchange - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2011\/07\/28\/tullow-plc-starts-trading-on-ghana-stock-exchange\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Tullow Plc starts trading on Ghana Stock Exchange - Ghanamma.com\" \/>\n<meta name=\"twitter:description\" content=\"You Are Here: Home \u00bb Investment \u00bb Tullow Plc starts trading on Ghana Stock Exchange Page last updated at Thursday, July 28, 2011 7:07 AM \/\/ Tullow Oil Plc on Tuesday listed its shares on the Ghana Stock Exchange becoming the most capitalized equity on the bourse. Tullow, which is trading under the symbol TLW, listed 903.8 million shares with a market capitalisation of approximately GH\u00a228.18 billion.\" \/>\n<meta name=\"twitter:image\" content=\"http:\/\/www.ghanabusinessnews.com\/wp-content\/uploads\/2009\/04\/gse.jpg\" \/>\n<meta name=\"twitter:creator\" content=\"@ghanamma\" \/>\n<meta name=\"twitter:site\" content=\"@ghanamma\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/07\/28\/tullow-plc-starts-trading-on-ghana-stock-exchange\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/07\/28\/tullow-plc-starts-trading-on-ghana-stock-exchange\/\"},\"author\":{\"name\":\"\",\"@id\":\"\"},\"headline\":\"Tullow Plc starts trading on Ghana Stock Exchange\",\"datePublished\":\"2011-07-28T07:49:47+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/07\/28\/tullow-plc-starts-trading-on-ghana-stock-exchange\/\"},\"wordCount\":403,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/07\/28\/tullow-plc-starts-trading-on-ghana-stock-exchange\/#primaryimage\"},\"thumbnailUrl\":\"http:\/\/www.ghanabusinessnews.com\/wp-content\/uploads\/2009\/04\/gse.jpg\",\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.ghanamma.com\/2011\/07\/28\/tullow-plc-starts-trading-on-ghana-stock-exchange\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/07\/28\/tullow-plc-starts-trading-on-ghana-stock-exchange\/\",\"url\":\"https:\/\/www.ghanamma.com\/2011\/07\/28\/tullow-plc-starts-trading-on-ghana-stock-exchange\/\",\"name\":\"Tullow Plc starts trading on Ghana Stock Exchange - Ghanamma.com\",\"isPartOf\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/07\/28\/tullow-plc-starts-trading-on-ghana-stock-exchange\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/07\/28\/tullow-plc-starts-trading-on-ghana-stock-exchange\/#primaryimage\"},\"thumbnailUrl\":\"http:\/\/www.ghanabusinessnews.com\/wp-content\/uploads\/2009\/04\/gse.jpg\",\"datePublished\":\"2011-07-28T07:49:47+00:00\",\"author\":{\"@id\":\"\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.ghanamma.com\/2011\/07\/28\/tullow-plc-starts-trading-on-ghana-stock-exchange\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/07\/28\/tullow-plc-starts-trading-on-ghana-stock-exchange\/#primaryimage\",\"url\":\"http:\/\/www.ghanabusinessnews.com\/wp-content\/uploads\/2009\/04\/gse.jpg\",\"contentUrl\":\"http:\/\/www.ghanabusinessnews.com\/wp-content\/uploads\/2009\/04\/gse.jpg\"},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/#website\",\"url\":\"https:\/\/www.ghanamma.com\/2011\/\",\"name\":\"Ghanamma.com\",\"description\":\"News In Ghana - Latest Ghana News Headlines\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.ghanamma.com\/2011\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Tullow Plc starts trading on Ghana Stock Exchange - Ghanamma.com","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.ghanamma.com\/2011\/07\/28\/tullow-plc-starts-trading-on-ghana-stock-exchange\/","twitter_card":"summary_large_image","twitter_title":"Tullow Plc starts trading on Ghana Stock Exchange - Ghanamma.com","twitter_description":"You Are Here: Home \u00bb Investment \u00bb Tullow Plc starts trading on Ghana Stock Exchange Page last updated at Thursday, July 28, 2011 7:07 AM \/\/ Tullow Oil Plc on Tuesday listed its shares on the Ghana Stock Exchange becoming the most capitalized equity on the bourse. 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