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BRIEF-MTN Group Says Listing Of MTN Nigeria On Nigerian Stock Exchange

Published 15/05/2019, 08:28
BRIEF-MTN Group Says Listing Of MTN Nigeria On Nigerian Stock Exchange

May 15 (Reuters) - MTN Group Ltd MTNJ.J :
* LISTING OF MTN NIGERIA ON THE NIGERIAN STOCK EXCHANGE
* INTENDS TO RECOMMEND TO MTN NIGERIA BOARD TO APPROVE
LISTING OF
MTN NIGERIA, BY WAY OF INTRODUCTION ON PREMIUM BOARD OF NSE ON
16 MAY 2019
* LISTING BY INTRODUCTION MEANS THAT EXISTING SHARES OF MTN,
NIGERIAN INVESTORS, OTHERS TO BE LISTED WITHOUT ADDITIONAL
PUBLIC SALE OF SHARES
* COMMENCEMENT LISTING PRICE WAS SET AT N90 PER ORDINARY
SHARE
* COMMENCEMENT LISTING PRICE SET AT N90 PER ORDINARY SHARE,
DETERMINED WITH PRIVATE SHARE SALE DEALS BY MTN NIGERIA
SHAREHOLDERS OVER PAST 180 DAYS

Source text for Eikon: ID:nJseO0020a
Further company coverage: MTNJ.J

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