November 23, 2021/Cordros Update
MTN Nigeria Communications Plc (MTNN) 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.
As previously communicated, the Offer will commence by way of a bookbuild to institutional investors (Institutional Offer), and subsequently, a fixed price to retail investors (Retail Offer).
The Institutional Offer opens today at 12.00 noon, November 23, 2021, and closes at 2.00 pm, November 26, 2021, after which a fixed price will be determined for the Retail Offer.
Please click the link below, to view the announcement.
