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We are pleased to inform you that the Securities and Exchange Commission (SEC) has approved the allotment of MTN Nigeria shares. The offer was 139.47% oversubscribed and reduced MTN Group’s shareholding from 78.8% to 75.6%. Consequently, all Retail Investors were fully allotted 100% of the units applied for. This implies as an investor in the…
In May 2019, MTN Nigeria (MTNN) was listed on the Nigeria Stock Exchange (NSE), immediately adding over N1.8 trillion to the market...
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.
<p><span>Nigerian Exchange Limited (NGX or The Exchange) has continued to be the preferred listing destination for companies seeking to raise capital via corporate bonds, equities and even private companies looking to raise public capital. Market stakeholders were excited to learn last week that MTN Nigeria Communications (MTNN) Plc is taking advantage of this opportunity and has obtained the approval of the Securities and Exchange Commission (SEC) for the offer for sale of up to 575 million ordinary shares in MTNN held by the MTN Group.</span></p>