June 17 (Reuters) - Bharti Airtel Ltd BRTI.NS :
* AIRTEL AFRICA LTD - PRICE RANGE FOR IPO OFFER HAS BEEN SET
AT 80
PENCE TO 100 PENCE PER ORDINARY SHARE
* AIRTEL AFRICA - OFFER EXPECTED TO COMPRISE ABOUT 595.2
MILLION
TO 744 MILLION NEW SHARES TO BE ISSUED BY CO TO RAISE GROSS
PROCEEDS OF ABOUT £595 MILLION
* AIRTEL AFRICA LTD - IMMEDIATELY AFTER ADMISSION, CO
EXPECTS TO
HAVE FREE FLOAT OF AT LEAST 25% OF ISSUED SHARE CAPITAL
* AIRTEL AFRICA LTD - EXPECTS THAT CO WOULD BE ELIGIBLE FOR
INCLUSION IN FTSE UK INDICES
* AIRTEL AFRICA LTD - INTENDS TO UNDERTAKE A LISTING OF ITS
SHARES
ON NIGERIAN STOCK EXCHANGE CONCURRENTLY WITH IPO
* AIRTEL AFRICA LTD - INDICATIONS OF INTEREST OF $175M
RECEIVED
ACROSS THE PRICE RANGE FROM CERTAIN PRE IPO INVESTORS
Source text for Eikon: ID:nRSQ4355Ca
Further company coverage: BRTI.NS