Business Outlook Africa

Kasapreko PLC Successfully Completes Oversubscribed Initial Public Offer

Kasapreko PLC has announced a successful conclusion of its Initial Public Offering(IPO) having raised GHS 700,000,000 through its issuance of 583,333,333 new ordinary shares at GHS 1.20 per share.

In a statement released on June 9,2026 indigenous beverage manufacturer revealed that its IPO was oversubscribed by 146%,representing subscriptions of GHS 1.73 billion from 18,781 qualified applicants.

The Beverage Manufacturer futher revealed that allotted shares using the uniform allocation rate of 40.56% across all investor categories spanning, Local Individual Investors,Local Institutional Investors, Foreign Individual Investors and Foreign Institutional Investors with each receiving 76,764,925 shares,440,683,648 shares,1,278,280 shares and 64,606,480 shares respectively.

Kasapreko further added it has already credited each share allocated to the Central Securities Depository(CSD) accounts of all applicants and that it is actively working hand in hand with Brokers to ensure all refunds are completed by Thursday,June 11th,2026. With the refunds reflecting the difference between the applicant’s subscription amount and the value of the shares allotted to them.

After a successful IPO, Kasapreko PLC is expected to list on the Ghana Stock Exchange on Monday,June 15,2026 where it will trade under the name KASA (ISIN: GHEKCPI00011).

Kasapreko PLC is a Ghanaian multinational beverage company that produces a wide range of alcoholic and non-alcoholic idrinks.Established in 1989, Kasapreko is known for its flagship product, Alomo Bitters, a herbal alcoholic drink. Over the years, Kasapreko has expanded its portfolio to include additional beverage products, including whiskey, gin, wine, soft drinks, and drinking water.

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