PR. 024/2011 EXTENTION OF THE COMET IPO TO FEBRUARY 15, 2011
Worldwide Securities limited (WSL) has announced that following consultations with the Directors of Comet Properties Ltd., it has applied for and obtained approval from the Securities and Exchange Commission to extend the Comet Share Offer by two weeks from January 31, 2011 to 15th February 2011, as provided for in pages 4 and 72 of the approved offer prospectus.
The extension was necessitated by the unhelpful effect of the intervening holidays, the need to accommodate the interest of key institutional investors who require extra time to complete the approval processes for their investments as well as the need to afford opportunity to monthly earners and workers to participate in the offer.
Issued in Accra, this 2nd
day of February, 2011