November 4, 2021/Cordros Report
MTN Group Limited has announced plans to sell down approximately 14% (up to 575 million ordinary shares) of its current shareholding in MTN Nigeria Communications Plc to the public. The shares will be sold through a book-building process to institutional investors, and after which a fixed price will be announced to retail investors.
The book-building process is scheduled to commence in November 2021.
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