TUE 23 NOV, 2021-theGBJournal- 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.
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.
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