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| TV3 Receives IPO Approval |
TV3 Network Limited has received the requisite approvals from both the Securities and Exchange Commission (SEC) and the Ghana Stock Exchange (GSE) for the station to get itself listed on the GSE.
TV3, Ghana’s first private television station, was incorporated in September 1996. For over twelve years now, the station has remained exciting, popular and innovative with strong brand equity and appeal across all key market segments. TV3 has remained strong in news and current affairs and all kinds of reality and other entertainment shows - living up to its slogan “First in News, Best in Entertainment.
The fundamental objective for TV3 to go public, is for the station to be able to raise funds in order to finance its television coverage expansion to reach nationwide status. A fraction of the funds will also be used for replacement and upgrading of obsolete and aging broadcasting equipment and also for working capital requirements.
In keeping with its tradition as the most innovative and pace-setting television station in Ghana, TV3 will be the first media organisation in Ghana to list on the GSE. Preparation to list TV3 on GSE is currently underway and is at an advance stage. Further details on the listing of TV3 will be provided in due course.
TV3 is licensed by the National Communication Authority. |
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History