Stay updated with breaking news from Communications Plc. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
MTN Nigeria Communications Plc has commenced a nationwide roadshow to engage interested retail investors in the on-going offer by MTN Group for shares in MTN Nigeria.
The company is making 575 million of its shares available to the public at N169 per unit, the telecoms heavyweight said on Tuesday.
Book Building helps companies determine the price of their shares.
MTN Nigeria has launched an equity book-build to qualified investors ahead of its planned sales of 575 million ordinary shares of the company to the public.
MTN Nigeria Communications Plc (MTNN) have obtained the approval of the Securities and Exchange Commission (SEC) for the offer for the sale of up to 575 million ordinary shares in MTNN held by the MTN Group. The telecommunications company had previously announced their intention, stating that the offer will be by way