GSE SECURITIES DEPOSITORY COMPANY LTD

AMEDA PRESENTATION

APRIL 26, 2012

CORPORATE ACTIONS

• Ghana Stock Exchange is primary source of corporate action

• GSD does not process information• Provides entitlement list to Registrars • Final upload is done at the GSD and accounts

are credited• With regards to bonus issue accounts are

credited directly after apply date is communicated by Issuer

SETTLEMENT MODEL (BIS MODEL II)

• Settlement cycle T + 3• Guarantee Fund • Each clearing member has a committed line of

credit with a bank• Settlement Bank – commercial bank

electronically linked with the Clearing House• Net cash settlement, Gross Securities

Settlement