0
Wireless

MTN Uganda raises UGX 536 bln in undersubscribed IPO

Monday 6 December 2021 | 08:34 CET | News
MTN Uganda said its initial public offering raised UGX 535.94 billion, less than two-thirds of its target. At least 2.9 billion shares were allotted out of the 4.5 billion shares offered, and the stock starts trading on 06 December.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Categories: Mobile & Wireless
Companies: MTN Uganda
Countries: Uganda
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Ugandan court dismisses petition against listing of MTN Uganda shares

Published 02 Dec 2021 14:36 CET | Uganda
Uganda's Civil Division of the High Court has dismissed an application that was challenging the listing of MTN Uganda shares on ...

MTN Uganda receives consent to market IPO to investors in Kenya

Published 05 Nov 2021 11:17 CET | Kenya
Kenya's Capital Markets Authority has allowed MTN Uganda to market its IPO  in Kenya, permitting the marketing of the shares to ...

MTN Uganda opens IPO at UGX 200 per share, offers stock via m-IPO subscription channel

Published 12 Oct 2021 09:52 CET | Uganda
MTN Uganda has announced the opening of its initial public offer (IPO) of 20 percent of its ordinary shares, following approvals ...

MTN Group seeks USD 1.4 bln valuation in Ugandan IPO - report

Published 07 Oct 2021 10:03 CET | Uganda
MTN Group is seeking a valuation of about USD 1.4 billion for its unit in Uganda, Bloomberg reported citing people with knowledge ...

MTN Uganda formally announces plan to float 20% of shares on bourse

Published 05 Oct 2021 11:09 CET | Uganda
MTN Uganda has announced its intention to proceed with an initial public offer (IPO) and subsequently list on the Uganda ...





Calendar   /   Industry Events

19 Jan Fujitsu ActivateNow: Technology Summit
20 Jan Limelight Networks Q4 2021
20 Jan Netflix Q4 2021
25 Jan Ericsson Q4 2021
25 Jan Microsoft fiscal Q2
25 Jan F5 fiscal Q1
25 Jan Verizon Q4 2021
25 Jan European 5G Conference
26 Jan AT&T Q4 2021
26 Jan Corning Q4 2021
26 Jan Intel Q4 2021
26 Jan Calix Q4 2021
26 Jan Crown Castle Q4 2021
27 Jan Extreme Networks fiscal Q2
27 Jan Samsung Electronics Q4 2021
27 Jan Juniper Networks Q4 2021
27 Jan STMicroelectronics Q4 2021
27 Jan MTN Nigeria Q4 2021
27 Jan Elisa Q4 2021
27 Jan Rogers Communications Q4 2021
27 Jan Comcast Q4 2021
27 Jan Apple fiscal Q1
27 Jan FCC meeting
::: More Calendar Items