Following the approval by shareholders of  Standard Chartered Bank Ghana Limited (SCB) at its Annual General Meeting (AGM) held at the National Theatre on April 25, 2012, the Company has announced a Bonus Issue of 96,256,070 ordinary shares of no par value (the Issue) on the Ghana Stock Exchange.
  The Issue will be in a ratio of five (5) new shares for every one (1) existing share held.

Source: GSE