Tullow Oil, another major oil producer in Ghana has also expressed its intentions to list on the GSE.
“We intend to apply to list our common shares on the Ghana Stock Exchange”, Kosmos said in a filing to the US Securities and Exchange Commission to sell some of its shares on the world market adding “Shortly after the closing of this offering.”
However, the company says it does not know when the listing will be done or whether it would list at all.
“….although there can be no assurance that this listing will be completed in a timely manner, or at all”, Kosmos indicated.
By Ekow Quandzie