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AIRTEL AFRICA

@letsfeelfree listing was the highpoint of corporate actions that took place on the @nsecontact this week
MTN Nigeria performed poorly today on the Nigerian Stock Exchange, the same day its local rival, Airtel Africa, listed its shares on the Nigerian bourse in a cross border listing.
Investors had reasons to smile home in the week that just went by. For one thing, it was a bright one for investment on the floor of the Nigerian Stock Exchange as the major indices closed in the positive.
Airtel Africa's listing on the London Stock Exchange proved a disastrous entry into the European capital market as the company share price slumped steeply by 16% on its first day of trading.
Airtel Africa will announce officially today its exact share price and other details pertaining to its listing on the Nigerian Stock Exchange (NSE) on 4th July, 2019. The pre-IPO interest in the company shares is said to have hit $200 million.
Airtel Africa may be considering listing on @lseplc and @nsecontact
Bharti Airtel, the parent company of Airtel Africa says the African unit plans to raise more investment through an issue of primary shares to strengthen Bharti Airtel’s consolidated books.
Airtel Africa has named an eight-member board ahead of its planned Listing in London.
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