Ghana's No. 1

SAS enumerates benefits of Hearts shares

Published on: 09 August 2011

By Ameenu Shardow

Strategic African Securities (SAS) have pointed to several tangible benefits one stands to gain by purchasing Hearts of Oak shares.

The investment banking and corporate finance advisory company is responsible for the ongoing sale of shares of the Accra-based club.

Aside the intangible pride and privileges associated with purchasing the club shares, potential investors stand to make significant financial gains in future.

“We want to raise a minimum 10m Ghana cedis for the club out of which 3.6m would be used to pay of its debt,” managing director of SAS Apiigi Afenu explained to

“The remaining 6.4m in our current dispensation is a lot of money of which part would be used to improve the current squad to win trophies to the satisfaction of fans.

“Aside that, sale of these shares will provide a database for the club on which it could use to properly negotiate sponsorship deals.

“The real prospect of the club making significant profits which by the way they have been doing at operational level means people buying the shares should expect large dividends being paid to them.”

Aside all the financial profits prospective shareholders gain is the superior satisfaction knowing the club is in sound financial condition, improved infrastructure and most of all enhanced performance on the field of play where it matters most.

Sale of the initial 20m shares on offer runs through until August 29.

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