MTN Uganda IPO Plan Values Business at About $1.25 Billion

Posted October 11, 2021

Africa’s largest wireless carrier to sell 20% stake in unit, MTN Uganda CEO Wim Vanhelleputte tells reporters in Kampala.

Stock will be sold at 200 Uganda shillings each; investors must apply for a minimum of 500 shares
4.5 billion shares will be sold, valued at about $250 million
Listing will take place Dec. 6
Sale of 20% stake confirms earlier Bloomberg report

Source: Bloomberg

Warning: Trying to access array offset on value of type bool in /usr/www/users/liquiggmcb/wp-content/themes/liquidafrica/framework/helpers/image-resize.php on line 139 Warning: Trying to access array offset on value of type bool in /usr/www/users/liquiggmcb/wp-content/themes/liquidafrica/framework/helpers/image-resize.php on line 139 Warning: Trying to access array offset on value of type bool in /usr/www/users/liquiggmcb/wp-content/themes/liquidafrica/framework/helpers/image-resize.php on line 139 Warning: Trying to access array offset on value of type bool in /usr/www/users/liquiggmcb/wp-content/themes/liquidafrica/framework/helpers/image-resize.php on line 139 Warning: Trying to access array offset on value of type bool in /usr/www/users/liquiggmcb/wp-content/themes/liquidafrica/framework/helpers/image-resize.php on line 139 Warning: Trying to access array offset on value of type bool in /usr/www/users/liquiggmcb/wp-content/themes/liquidafrica/framework/helpers/image-resize.php on line 139 Warning: Trying to access array offset on value of type bool in /usr/www/users/liquiggmcb/wp-content/themes/liquidafrica/framework/helpers/image-resize.php on line 139 Warning: Trying to access array offset on value of type bool in /usr/www/users/liquiggmcb/wp-content/themes/liquidafrica/framework/helpers/image-resize.php on line 139